tiprankstipranks
Advertisement
Advertisement

Criteo working with Evercore to explore possible sale, Reuters reports

Advertising technology provider Criteo (CRTO), whose talks with potential acquirers in previous years had proved unsuccessful, is making a new attempt to sell itself, people familiar with the matter tell Reuters’ Milana Vinn. The company kicked off a sale process last week and investment bank Evercore (EVR) is advising Criteo on the process, the sources said. Shares of Criteo spiked 13% following the initial headlines and remain up 8% to $33.65 after resuming trading. Reference Link

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on CRTO:

Disclaimer & DisclosureReport an Issue

1