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New Deal


Announced

EP Equity Investment to acquire tech foundations business of Atos for €2bn.

Financials

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Transaction Value£1,714m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

Pending

Single Bidder

France

IT Services: Other

digital services

Acquisition

Cross Border

Private Equity

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Synopsis

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EP Equity Investment, an investment company, agreed to acquire tech foundations business of Atos, a multinational information technology service and consulting company, for €2bn ($2.2bn). “In consistency with our announcements of June 2022, we have decided to present to our shareholders vote, the separation of the Group through the divestiture of TFCo, our legacy business, together with its liabilities. This will create value for our shareholders by both taking away the risk of TFCo’s turnaround and its various liabilities and refocusing Atos on Eviden and its good future growth prospects. We will hold an Investor Day on Eviden before our shareholders’ vote,” Bertrand Meunier, Atos Chairman.

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