Contrary to other proposals that sought to split Atos apart (e.g., separating "Tech Foundations"), Onepoint wanted to keep the company’s core activities together to generate synergies.
A key driver was protecting French and European technological sovereignty, which was a vital concern for national interests.
Onepoint aimed to maintain the existing workforce and culture, providing better career prospects for employees within the combined entity. Why the Proposal Was Significant
Onepoint proposed to work with Atos rather than take it over through a competitive bid, aiming for an "alliance".
Onepoint's plan offered a way to unlock value for all shareholders, while also attempting to protect the interests of creditors and stakeholders.
The phrase "2022---ATOS--ONEPOINT-SAYS-WANT-TO-WORK--HAND-IN-HAND--WITH-ATOS" refers to a pivotal moment in the restructuring saga of the French IT giant Atos, where Onepoint, a consulting firm and eventual major stakeholder, proposed a "hand-in-hand" partnership in September 2022 to acquire Evidian (Atos's digital, big data, and security division) and prevent a destructive split of the company.