Vivendi SA (VIVEF.PK)
|Market Cap (Mil.):||€27,226.64|
|Shares Outstanding (Mil.):||1,348.52|
PARIS - French media company Vivendi picked Telefonica for exclusive talks over the sale of its Brazilian broadband unit GVT, spurning a rival bid from Telecom Italia . | Video
Aug 28 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
* Vivendi to sell last telecom business to focus on media
MILAN - Telecom Italia said on Thursday it "took note" of the decision by Vivendi to enter into exclusive talks with Spain's Telefonica over the sale of the French media company's Brazilian unit GVT.
MILAN, Aug 28 - Telecom Italia said on Thursday it "took note" of the decision by Vivendi to enter into exclusive talks with Spain's Telefonica over the sale of the French media company's Brazilian unit GVT.
Aug 28 - Vivendi SA Chief Executive Arnaud de Puyfontaine said on conference call after Q2 results:
Aug 28 - Vivendi SA : * Says no decision on how long will hold shares in Telefonica Brasil SA
Aug 28 - Vivendi SA Chief Executive Arnaud de PPuyfontaine said after announcement of GVT sale: * Sees option to take Telecom Italia stake as part of GVT sale as
Aug 28 - Vivendi's Chief Financial Officer Herve Philippe said on a conference call after Q2 results: * Cash proceeds from SFR sale to be 13.1 billion euro, 450 million euro
PARIS - French media company Vivendi is likely to take up an option to be paid by Telefonica for its Brazilian broadband unit GVT partly in Telecom Italia shares, said a person close to the situation.
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