Technicolor opens conciliation procedure to pursue talks with lenders

By Wendy Van Sickle

Columbus, Ohio, June 2 – Technicolor SA has entered a conciliation-procedure period to facilitate discussions with its lenders and potential third-party investors, according to a news release.

The president of the French Commercial Court of Paris opened the conciliation procedure for Technicolor for a maximum of two months starting on June 2.

Technicolor is a France-based technology company focused on the media and entertainment sector.

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