On 4 June 2018, Tessi published a release announcing the signing of an agreement with Loomis for the sale of CPoR Devises, in which Tessi currently holds an 80% equity stake with the remaining 20% held by Crédit Agricole SA.

 

As CPoR Devises is a credit institution, its disposal is subject to a non-opposition decision by the European Central Bank, on the recommendation of the French Prudential Supervision Authority (ACPR). This decision was obtained on 17 December 2018.

 

This removes the last hurdle to the completion of this transaction, which is expected to be closed over the next few weeks.

 

Next release
Annual turnover, 7 February 2019 after market close
 
 

 

About Tessi
· Tessi is the No. 1 document processing specialist in France
· Listed on Euronext Paris Compartment B - ISIN code – FR0004529147 – Ticker: TES
· Head office in Grenoble, France (38)
· Created in 1971 and acquired by Pixel Holding on January 12, 2017
· European leader in information flow management and cheque receipt and processing
· French No. 1 in managing deferred promotional operations
 
For more information please visit our website: www.tessi.fr
 


Contacts

Tessi
Communication department
communication@tessi.fr
Phone: + 33 (0)4 76 70 59 10
Actus
Amalia Naveira / Investors Relation
Marie Claude Triquet / Media Relation
Phone: + 33 (0)4 72 18 04 90
anaveira@actus.fr / mctriquet@actus.fr


Regulated information
News releases under ongoing reporting obligations:
- General Company News
Full and original press release in PDF:
https://www.actusnews.com/documents_communiques/ACTUS-0-56339-tes-181218-cession-cpor-gb.pdf
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