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Vantiva takes another step towards completing the acquisition of CommScope's Home Networks division
Source: Nasdaq GlobeNewswire / 04 Jan 2024 06:00:00 America/New_York
Press Release
Vantiva takes another step towards completing the acquisition of CommScope's Home Networks division
Paris – January 4, 2024 - Vantiva (Euronext Paris: VANTI), today announced that it has received approval from the South African authorities to proceed with the acquisition of CommScope’s Home Networks business. With this approval, Vantiva has cleared all conditions related to the antitrust authorities and reached a new milestone in the acquisition process. Final signature of the transaction is expected in January 2024.
About Vantiva
Pushing the Edge
Vantiva shares are admitted to trading on the regulated market of Euronext Paris (VANTI).
Vantiva, formerly known as Technicolor, is headquartered in Paris, France. It is an independent company which is a global technology leader in designing, developing and supplying innovative products and solutions that connect consumers around the world to the content and services they love – whether at home, at work or in other smart spaces. Vantiva has also earned a solid reputation for optimizing supply chain performance by leveraging its decades-long expertise in high-precision manufacturing, logistics, fulfillment and distribution. With operations throughout the Americas, Asia Pacific and EMEA, Vantiva is recognized as a strategic partner by leading firms across various vertical industries, including network service providers, software companies and video game creators for over 25 years. The group’s relationships with the film and entertainment industry goes back over 100 years by providing end-to-end solutions for its clients.
Vantiva is committed to the highest standards of corporate social responsibility and sustainability across all aspects of their operations.
For more information, please visit vantiva.com and follow Vantiva on LinkedIn and Twitter.
Contacts
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