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Criteo working with Evercore to explore possible sale, Reuters reports
The Fly

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

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