The terms of the disposal agreed by shareholders value Technicolor at US$2.03 billion (GBP1.41 billion).
The sale has received French, EU and US regulatory approval, and is expected to complete on 16th March 2001.
Carlton announced on 5th December 2000 that the Board was carrying out a full review of its dividend policy, bearing in mind the on-going investment in digital media and the changing shape of the Group as a whole. This review will take into account the sale of Technicolor and its conclusions will be announced at the time of Carlton’s interim results in May.
