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Vivendi SA validates demerger plan and appoints new Chairman


Tuesday, 26 Nov 2013 12:12pm EST 

Vivendi SA:Says its Supervisory Board validated the company's planned demerger.Says this plan could take the form of a distribution of SFR shares to Vivendi SA's shareholders on the day of the transaction.Says this plan will be submitted to the relevant Works Councils and regulatory authorities.Says the details will be presented at a later stage, to be included on the agenda of the company's next annual shareholders’ meeting end June 2014.Says its Supervisory Board confirmed that Chairmanship of the future Vivendi SA would be entrusted to Vincent Bollore. 

Company Quote

26.06
0.19 +0.73%
25 Aug 2014