Vector capital says sweetening offer to Technicolor
San-Franciso-based Vector Capital said on Wednesday it was sweetening its offer for French set-top box maker Technicolor as it was increasing the subscription price for its proposed reserved capital increase to 2.00 per share.
Vector Ltd, New Zealand's largest electricity and gas distributor, says it will buy back up to 25 million shares, or 2.5 per cent of its total share capital, to boost its returns to shareholders.