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Atos crisis deepens as biggest shareholder ditches rescue plan

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Atos crisis deepens as biggest shareholder ditches rescue plan

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A rescue bid for French IT services group Atos led by its largest shareholder has collapsed, casting the future of the troubled group into doubt once again.

Atos said on Wednesday that the consortium led by Onepoint, an IT consultancy founded by David Layani, had withdrawn a proposal that would have converted €2.9bn of Atos debt into equity and injected €250mn of fresh funds into the struggling company.

“The conditions were not met to conclude an agreement paving the way for a lasting solution for financial restructuring,” Onepoint said in a statement on Wednesday.

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The decision by Onepoint comes less than a month after Atos had picked its restructuring proposal over a competing plan from Czech billionaire Daniel Křetínsky. Atos said on Wednesday that Křetínsky had already indicated he wanted to restart talks.

Once a star of France’s tech scene, Atos is racing to strike a restructuring deal by next month as it struggles under its €4.8bn debt burden. It has cycled through multiple chief executives over the past three years and its shares have collapsed. They were down 12 per cent in early trading on Wednesday.

Atos also said it had received a revised restructuring proposal from a group of its bondholders.

“Discussions are continuing with the representative committee of creditors and certain banks on the basis of this proposal with a view to reaching an agreement as soon as possible,” the company said. 

Jean-Pierre Mustier, former chief executive of Italian lender UniCredit, was installed as chair in October 2023 and given the task of putting Atos on a stable footing for the future. Since his appointment, several efforts to stabilise Atos through asset sales have fallen apart.

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If talks with Křetínsky do restart, it will mark the Czech businessman’s third attempt to do a deal with Atos after an earlier plan to buy its lossmaking legacy business unravelled.

One of the people close to the talks said creditors had not necessarily become more receptive to Kretinsky’s plan given it cutting a larger chunk of the group’s debt.

The crisis at Atos has prompted the French government to intervene. It is currently seeking to acquire three parts of Atos that are deemed of importance to national security for up to €1bn.

Atos said on Wednesday it had concluded a deal with the French state that would give it so-called “golden shares” in a key Atos subsidiary, Bull SA. The agreement also gives the government the right to acquire “sensitive sovereign activities” in the event a third party acquired 10 per cent of the shares — or a multiple thereof — in either Atos or Bull.

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Video: Trump Says He ‘Loves the Inflation’ Amid War With Iran

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Video: Trump Says He ‘Loves the Inflation’ Amid War With Iran

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Trump Says He ‘Loves the Inflation’ Amid War With Iran

President Trump dismissed the newest inflation report on Wednesday, marking the third-straight month of high prices for consumers. The war in Iran has snarled the world’s energy supply, resulting in high oil and gas prices.

Reporter: “Are you concerned, Mr. President, about the latest inflation number which came out this morning? Could that be a —” “No, I love it. The numbers were great. You know what I really love. I love the inflation.” “Inflation to come down between now and —” “When the war is over?” “Yes.” “It’s coming down.” “I know you can’t —” “It’s going to come down like a rock.”

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President Trump dismissed the newest inflation report on Wednesday, marking the third-straight month of high prices for consumers. The war in Iran has snarled the world’s energy supply, resulting in high oil and gas prices.

By Jorge Mitssunaga

June 10, 2026

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Iran attacks Bahrain, Kuwait, Jordan and Hormuz ships after new US strikes

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Iran attacks Bahrain, Kuwait, Jordan and Hormuz ships after new US strikes

Iran has again claimed attacks on United States military bases in Bahrain, Kuwait and Jordan, and targeted two vessels in the Strait of Hormuz in retaliation for renewed waves of US attacks on the country.

The Islamic Revolutionary Guard Corps (IRGC) said it launched drone strikes on Bahrain’s Sheikh Isa airbase and Kuwait’s Ali Al Salem and Ahmad Al-Jaber airbases early on Thursday.

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The Al-Azraq airbase in Jordan was also targeted with 12 ballistic missiles, it said, while two oil tankers that attempted “to illegally pass through” the Strait of Hormuz were also hit.

Bahrain activated air raid sirens twice, while Kuwait said its air defence systems were “intercepting hostile aerial targets”.

The IRGC said the strikes were in response to the US’s “repeated violations” of an April ceasefire and declared the Strait of Hormuz “closed until further notice”.

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All traffic in the waterway, including oil tankers and commercial vessels, would be shot at, it said.

The attacks came after the US’s Central Command announced renewed strikes on “multiple targets” inside Iran. The military said the strikes were at President Donald Trump’s “direction” and “in response to Iran’s unwarranted and continued aggression”.

Tit-for-tat exchanges

Al Jazeera’s Mohamed Vall, reporting from Tehran, said about a dozen places were hit in three waves of attacks by the US, including in the city of Karaj, west of the Iranian capital, and in the central Abyek county.

Iranian state media reported multiple explosions on the islands of Qeshm and Kish and in the cities of Bandar Abbas and Sirik along the Strait of Hormuz.

Blasts also hit the southern city of Kargan, wounding at least two people.

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The US Central Command, which announced an end to the strikes four hours after they began at 22:15 GMT on Wednesday, said it hit “military surveillance capabilities, communication systems, and air defense sites across Iran”.

The latest exchange came a day after the two sides traded tit-for-tat strikes, triggered by the downing of a US Apache helicopter in the Strait of Hormuz. Washington blamed Tehran for the incident and said the two pilots were rescued uninjured.

Iran said it targeted the US Fifth Fleet in Bahrain, the Ali Al Salem airbase in Kuwait, as well as an airbase in Azraq, Jordan, on Wednesday. The US, meanwhile, bombed Qeshm Island as well as the ports of Sirik, Jask and Bandar Abbas.

Tehran said the US attacks destroyed two water reservoirs and damaged a telecommunications tower.

Al Jazeera’s Vall said many of the locations hit on Thursday “were similar to those hit during the previous night”. He said that “the Americans are betting on force as the only means for them to force the Iranians to sign a deal, but the Iranians are saying that the result will be the contrary”.

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Trump threatens Iran

At the White House on Wednesday, Trump accused Iran of stalling negotiations for a peace deal and threatened to hit the country “very hard”.

“We’ll see what happens with the deal. We were really close to a deal. But they keep tapping us along. They keep playing us for suckers,” he told reporters.

Earlier in the day, the US president wrote on his Truth Social platform that Iran had taken too long to negotiate a peace deal and “now they will have to pay the price”.

In a subsequent interview with Fox News, he also threatened to strike power plants and bridges in Iran if it was unwilling to sign an agreement.

Iran’s President Masoud Pezeshkian hit back in a post on X.

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“Critical infrastructures are the lifeblood of the people. Threats to target them – from transportation networks to the electricity and water industries – are not a show of strength but a sign of desperation in the face of a nation’s will,” he wrote.

“Iran, relying on the knowledge and capabilities of its specialists, national unity, and solidarity, will stand firm against any pressure or threat,” he added.

The US-Iran escalation comes days after Israel and Iran traded fire in their most serious clash since the April ceasefire, which ended weeks of devastating US-Israeli strikes on Iran and Iranian retaliatory attacks across the Gulf.

Traffic through the Strait of Hormuz has remained severely limited ever since, driving up oil and food prices worldwide.

Progress towards a peace deal also remains slow.

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The two sides are engaged in indirect talks aimed at securing an interim agreement that would halt hostilities, while deferring Iran’s nuclear programme to future negotiations.

But sticking points remain, with Iran demanding the release of frozen assets and relief from sanctions. Complicating matters further is Israel’s intensifying campaign in Lebanon against the Iranian-backed Hezbollah.

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Read the Charges Against 8 People Connected to the University of Michigan

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Read the Charges Against 8 People Connected to the University of Michigan

Case 5:26-cr-20306-JEL-EAS ECF No. 1, PageID.103 Filed 05/20/26 Page 13 of 63

Michigan. They littered the yard and porch with small tents, sheets wrapped to look like dead bodies, dismembered and bloody baby dolls, and a broken crib. They taped a demand note to the front door ordering, among other things, that the University of Michigan divest from Israel. c. On or about May 15, 2024, shortly after police arrived at V-1’s house, @safeumich, @jvpumich and @tahrirumich posted a video of the trespass with this message:
GOOD MORNING, @[V-1]. This morning, on the 76th anniversary of the Nakba, students hand delivered our demands to Regent [V-1]. About 2 weeks ago, she laughed at students demanding divestment while she attended a party next door to our encampment. Regent [V- 1], we will hold you accountable for the 35,000+ Palestinians martyrs whose death you funded and profited from. No matter how many times you call on violent cops to brutalize students, cancel and move your meetings to hide from students, and refuse to admit this university’s and YOUR complicity in genocide, we will continue to protest. You cannot hide. We demand divestment and will remain relentless in the struggle for a free Palestine.

d. On or about May 15, 2024, later in the day, @safeumich posted:

@[V-1] There’s nothing funny about genocide. This morning, the UMich Gaza Solidarity Encampment delivered our demands to Regent [V-1’s] door, the same regent who laughed in our faces as we told her, “[V-1, V-1] you can’t hide, you are funding genocide.” Since this morning, she has reiterated REFUSAL to divest on X. SHAME! We have communicated that the regents must respond to our demands with an open bargaining meeting for divestment by the end of their board meeting TOMORROW!… [V-1], if you aren’t losing sleep after funding mass murder and genocide, then WE WILL WAKE YOU UP!

e. On or about May 17, 2024, Unsalted Counter Info’s website cross-

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