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Broadcast News
21/06/2001
SNELL & WILCOX IN TALKS WITH POST IMPRESSIONS
SNELL & Wilcox have confirmed that they are in discussion with Post Impressions with a view to acquiring the Newbury-based company.
The negotiations are fully supported by the shareholders of Post Impressions, headed by Advent Venture Capital.
Harry Cross, Deputy CEO of Snell & Wilcox said: "The advantages of such a deal are clear for all parties. We hope to finalise our negotiations over the next few days. I can say however that press speculation about moving Post Impressions to Petersfield is incorrect."
Snell & Wilcox are a world-leading electronics design, manufacture and engineering group with an international reputation for the development of advanced image communications technologies for the world's broadcast television, video, satellite, cable, film and image communications industries.
Snell & Wilcox are based in Twickenham, England with offices all over the world.
(GB)
The negotiations are fully supported by the shareholders of Post Impressions, headed by Advent Venture Capital.
Harry Cross, Deputy CEO of Snell & Wilcox said: "The advantages of such a deal are clear for all parties. We hope to finalise our negotiations over the next few days. I can say however that press speculation about moving Post Impressions to Petersfield is incorrect."
Snell & Wilcox are a world-leading electronics design, manufacture and engineering group with an international reputation for the development of advanced image communications technologies for the world's broadcast television, video, satellite, cable, film and image communications industries.
Snell & Wilcox are based in Twickenham, England with offices all over the world.
(GB)
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