Albemarle ends bid for Australian lithium miner after billionaire takes 20% stake

The chair of problem-plagued French IT services group Atos Bertrand Meunier is set to step down, throwing the restructuring and asset sale plan he had championed into uncertainty, according to people familiar with the matter. 

Another Atos board member, Jean Pierre Mustier, formerly chief executive of Italian bank UniCredit, is being lined up to take Meunier’s place, they said. 

The shake-up could be announced as early as Monday.

Atos declined to comment. Meunier, a former executive at private equity firm CVC, could not be reached for comment. Mustier declined to comment.

Read more about Atos here.

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