Streetbeat News

TCLRY

Vantiva SA

https://www.technicolor.com/fr

Industry

Audio and Video Equipment Manufacturing

Open

0.00

Mkt cap

852M

Volume

143K

High

0.00

P/E Ratio

-0.01

52-wk high

0.12

Low

0.00

Div yield

N/A

52-wk low

0.00

Vantiva SA (OTC:TCLRY) has agreed to acquire CommScope Holding Company, Inc.'s (NASDAQ:COMM) Home Networks division. In return, CommScope will receive a 25% ownership stake in Vantiva and a maximum cumulative earnout of $100 million in cash contingent upon Vantiva achieving certain EBITDA targets. The deal is expected to be completed in late Q4 2023.

Portfolio Pulse from Nabaparna Bhattacharya

October 03, 2023 | 1:08 pm

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