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| Name | Symbol | Market | Type |
|---|---|---|---|
| Vantiva SA (CE) | USOTC:TCLRY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.001 | 0.00 | 01:00:00 |
From Jun 2019 to Jun 2024
French sovereign fund Fonds Strategique d'Investissement, or FSI, together with another investor, might buy a stake in Technicolor SA (TCH.FR), a troubled cinema production services provider and manufacturer of TV set-top boxes, said Industry Minister Eric Besson Wednesday in a statement.
Earlier Wednesday, Technicolor asked the stock market to suspend the trading of its shares after it received a proposal from an unidentified international institutional investor to take a minority stake in the company.
FSI began evaluating the possibility of taking a minority stake in Technicolor last week to assure the stability of the company's shareholder structure and to ensure the French state is included in decisions made about the company's future.
Technicolor's business suffered when tariffs on TV set-top boxes were lifted in early 2012 and a contract with France Telecom SA (FTE.FR) was cancelled, Besson said.
He added that France Telecom will support investors who are eager to invest in Technicolor.
-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; inti.landauro@dowjones.com
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