The Wall Street Journal-20080122-Atos Origin- Investors Pressure Board Amid Restructuring
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Atos Origin: Investors Pressure Board Amid Restructuring
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Investment funds Pardus Capital and Centaurus Capital don't rule out taking control of Atos Origin, French market regulator Autorite des Marches Financiers said. The move increases pressure on Atos Origin's board as the information-technology-services firm navigates through a restructuring plan. In a letter to the AMF, the two funds, which hold a combined 20.67% stake in Atos, said they will continue to demand two seats on the board, the AMF said. In the letter, Pardus and Centaurus said they don't exclude working in concert with other shareholders in the future. A representative for Atos Origin wasn't available to comment.