JPMorgan amended its offer to shareholders of Technicolor.
JPMorgan
Breaking News
A planned cash injection into French set-top box maker Technicolor SA (TCH.PA) hit a snag on Monday as the group said it had rejected a higher offer from an investment fund.
JPMorgan Chase & Co (JPM.N) has injected 2.5 billion yuan ($394.08 million) into its China unit.
Technicolor said U.S. bank JPMorgan Chase planned to take a stake of up to 29.96 percent in the French digital video specialist to help it cut debt and push through its turnaround plan.
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