Butler Industries joins Onepoint in Atos rescue consortium

Butler Industries joins Onepoint in Atos rescue consortium

The Star Online - Tech·2024-04-08 08:03

PARIS (Reuters) - Paris-based Butler Industries is joining a consortium to rescue distressed IT consulting firm Atos, the company's leading shareholder Onepoint said on Sunday in a statement.

Onepoint, which holds 11.4% of Atos, said last month it was ready to invest and organise the group's capital restructuring to protect the integrity of its assets after planemaker Airbus pulled the plug on a deal to buy the ailing company's cybersecurity assets.

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