Solutions 30 looks to buy Scopelec's assets, shares jump

Solutions 30 SE

01/12/2022 08:42

** Shares in Solutions 30  S30.PA  jump around 14% after the
French tech services group confirmed it was preparing a proposal
to acquire assets of telecoms infrastructure company Scopelec
    ** The company said it had submitted a first offer to
acquire part of those assets and was "currently working on a new
and improved proposal"
    ** Solutions 30's offer for the purchase, which would
consolidate its development plan, is designed to be combined
with those of other bidders, it said
    ** If gains hold, the stock will see its best day in nearly
1-1/2 years
    ** The stock is down around 73% year-to-date
 (Reporting by Juliette Portala)
 ((juliette.portala@tr.com))