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Provider: MacroRisk Analytics/EconomicInvestor
Provider: GlobalData
Provider: Finlabo SIM Spa
Provider: ValuEngine, Inc.

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Vivendi SA receives an offer for GVT from Telefonica SA

Tuesday, 5 Aug 2014 02:26am EDT 

Vivendi SA:Says it has received binding offer from Telefonica SA and Telefonica Brasil SA.To acquire its subsidiary GVT in Brazil for total enterprise value of 20.1 bln Brazilan Real.This offer would be payable partly in cash for about 60 pct of amount and partly in Vivo shares (12 pct of future combined entity) for 40 pct of amount.If this offer was accepted, Vivendi would also have the opportunity to acquire 8.1 pct of Telecom Italia.This offer is subject to definitive agreement and other usual conditions, including approval of relevant regulatory authorities. 

Company Quote

-0.38 -2.52%
19 Dec 2014