Atos Origin under hedge fund fire

The French-Dutch IT firm Atos Origin should be taken over by a larger firm, the boss of hedge fund Centaurus says in Monday’s Les Echos newspaper.

‘Atos is a fine company with talented personnel and good clients but strategically it does not stand a chance,’ Bernard Oppetit told the paper. ‘It is too small to be a general firm and not specialised enough to carve out a niche position.’
Centauras and US hedge fund Pardus Capital Management hold over 20% of Atos Origin shares and say they do not rule out trying to take over the company if Atos does not take the wishes of its most important shareholders into account.
Centaurus was earlier instrumental in forcing the break-up of Dutch engineering group Stork.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation