Atos, which runs supercomputers for France's nuclear deterrent amd is also an IT provider for the Euro 2024 football tournament, is buried under almost five billion euros ($5 billion) of debt.

The company's board earlier this month had chosen a financial restructuring proposal made by the consortium led by digital consultancy Onepoint over one offered by Czech billionaire Daniel Kretinsky.

Onepoint, headed by French businessman David Layani, said in a statement that "the conditions were not met to conclude an agreement paving the way for a lasting solution for financial restructuring and implementation" of its plan.

Atos said Kretinsky's EPEI had sent a letter "reiterating its interest to participate in its financial restructuring".

yk/lth/bc

Atos