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Vivendi SA enters into exclusive negotiations with Altice over SFR

Friday, 14 Mar 2014 09:30am EDT 

Vivendi SA:Enters into exclusive negotiations with Altice for three weeks.Altice offer comprises an 11.75 billion euros payment to Vivendi and a 32 pct share in equity of combined listed entity.It also provides Vivendi with pre-determined exit conditions.