L’Image Retrouvée SAS entered into a binding letter of intent to acquire Eclair Cinéma SAS from Ymagis Société Anonyme (ENXTPA:MAGIS) on September 16, 2019. Under the agreement, L’Image Retrouvée will acquire the shares of Eclair and the current accounts as held by Ymagis. The deal is subject to approval of a continuation plan for Eclair by the Commercial Court of Nanterre. As of February 26, 2020, the Commercial Court of Nanterre approved the transaction. L’Image Retrouvée SAS completed the acquisition of Eclair Cinéma SAS from Ymagis Société Anonyme (ENXTPA:MAGIS) on February 27, 2020. Eclair Cinéma will be renamed Eclair Classics post deal completion.