Thomson One down, one to go

Frank Dangeard’s two-year turnaround of Thomson is half over. The boss of the French technology group has led his group through a whirl of divestments and acquisitions. The planned sale of its remaining consumer electronics business is the last and latest. Yet Dangeard hasn’t persuaded the market. The group’s shares haven’t budged. This looks like an opportunity for those that grab it. It’s clear that Thomson had to jettison its dead-end business of making analogue televisions. But the prospect...