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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
The board of Technicolor (TCH.FR), a troubled French cinema production services provider and manufacturer of television set-top boxes, on Wednesday recommended that shareholders approve a cash injection offered by JP Morgan Chase & Co. (JPM) and reject a rival offer made by U.S. investment fund Vector Capital Group.
The board said JP Morgan's offer to increase the capital of Technicolor by EUR158 million has more potential to create value in the long run than the EUR186 million offer from Vector.
Shareholders of Technicolor are due to meet on June 20 to discuss the offers.
Technicolor would use the proceeds of a capital increase to reduce its debt and implement a strategy plan to boost its business abroad.
-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; inti.landauro@dowjones.com
1 Year Vantiva (CE) Chart |
1 Month Vantiva (CE) Chart |
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