David Layani’s consortium withdraws, possible return of Daniel Kretinsky

INFO LE FIGARO – Walter Butler and Econocom, which had enabled David Layani to finance his takeover bid, have apparently withdrawn from the negotiating table. Discussions are continuing with creditors.

Twists and turns worthy of a Netflix series, which would make you smile if the fate of 100,000 employees was not at stake. Tuesday evening, at the end of a summit meeting between the legal administrator of Atos Hélène Bourbouloux, creditors as well as the OnePoint consortium led by David Layani, Walter Butler and the Econocom group, the latter would have broken up. According to our information, Walter Butler and Econocom left the negotiating table, leaving David Layani with no other options than to withdraw his proposal.

OnePoint confirmed in a statement: “despite the tremendous commitment of Atos employees and the resilience of the group’s customers, the Onepoint, Butler Industries and Econocom consortium noted that the conditions were not met to conclude an agreement paving the way for a lasting financial restructuring solution and implementation of the One Atos project.”

Negotiations continue with other creditors for the Atos rescue plan…

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