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Sovereign Wealth Funds Briefing - Categorized | Investment

French industry minister: Sovereign fund FSI may buy stake in technicolor

Posted on 03 May 2012

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………………………………………..Full Article: Source


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