Vivendi SA (VIV.PA)
|Market Cap (Mil.):||€25,675.84|
|Shares Outstanding (Mil.):||1,348.52|
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PARIS/MADRID - French media group Vivendi has finalised an agreement to sell its Brazilian broadband business GVT to Spain's Telefonica for cash and shares worth around 7.2 billion euros ($9.29 billion), the companies announced on Friday.
(Adds details on Telecom Italia's shareholders; refiled to remove repetition of Bollore's title)
PARIS/MADRID, Sept 19 - French media group Vivendi has finalised an agreement to sell its Brazilian broadband business GVT to Spain's Telefonica for cash and shares worth around 7.2 billion euros ($9.29 billion), the companies announced on Friday.
PARIS, Sept 19 - French media group Vivendi said on Friday it had signed a final agreement for the sale of its Brazilian unit GVT to Spain's Telefonica.
MADRID, Sept 19 - Spain's Telefonica said on Friday it had closed a deal to buy Brazilian broadband unit GVT from Vivendi for 4.66 billion euros ($6.02 billion) cash plus its stake in Telecom Italia and an about 7.4 percent stake in its new company, Telefonica Brasil.
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PARIS, Sept 9 - Vivendi is considering the purchase of Spanish group Telefonica's 11 percent stake in Mediaset SpA's pay-TV arm Mediaset Premium, Bloomberg reported on Tuesday, citing people familiar with the matter.
* Telecom Italia at crossroads in Brazil after GVT bid fails
* Telefonica offered Vivendi remaining Telecom Italia shares
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