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

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.