Criteo S.A. (NASDAQ: CRTO) ("Criteo" or the "Company"), the commerce media company, today issued the following statement in response to the recent letter made public by Petrus Advisers:
Criteo's Board and management team maintain a regular dialogue with our shareholders and value constructive input toward the shared goal of enhancing shareholder value. While we do not comment on discussions with specific shareholders, it is important to note that members of Criteo's management team and Board have held a number of discussions with Petrus Advisers over the past three years. We are carefully reviewing their letter and hope to continue to engage constructively with them.
Our Board and management team are laser focused on executing Criteo's strategy and have a proven track record of taking decisive action to drive near- and long-term, sustainable value for shareholders:
We look forward to an ongoing dialogue with all shareholders as we continue to advance our value creation strategy.
Evercore is serving as financial advisor to Criteo and Skadden, Arps, Slate, Meagher & Flom LLP is serving as its legal counsel.
About Criteo
Criteo (NASDAQ: CRTO) is the global commerce media company that enables marketers and media owners to drive better commerce outcomes. Its industry leading Commerce Media Platform connects thousands of marketers and media owners to deliver richer consumer experiences from product discovery to purchase. By powering trusted and impactful advertising, Criteo supports an open internet that encourages discovery, innovation, and choice. For more information, please visit www.criteo.com.
Contacts
Criteo Investor RelationsMelanie Dambre, [email protected]
Criteo Public RelationsJessica Meyers, [email protected]
OR
Camilla Scassellati-Sforzolini, Warren Rizzi FGS Global[email protected]
SOURCE Criteo Corp
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