Vios management is engaged in ongoing talks over the proposal for Scitex and BT to sell the data transfer and graphic arts ASP to its management team.
It expects to release further details of its plans within the next few weeks.
Scitex revealed that it wished to divest its stakes in the Vio and Karat joint ventures when it announced its year 2000 results (PrintWeek, 2 March).
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"This is a repeat of what happened to 1066 Capital t/a Crystal a year ago. They also never put this company in administration.
We are all still left unable to claim the redundancy and notice pay owed..."
"Totally agree"
"Best wishes to everyone involved. Nice to have a good story to read in Printweek."
