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BRIEF-IPO of UMG an option but no plan at this stage to launch a process-Vivendi CEO
August 31, 2017 / 5:49 PM / in 3 months

BRIEF-IPO of UMG an option but no plan at this stage to launch a process-Vivendi CEO

Aug 31 (Reuters) - Vivendi Sa

* Vivendi hopes to achieve its cost cutting target for canal plus more quickly than expected, finance director says

* Vivendi says churn rate will probably fall over the coming months as new clients sign up for new two-year contracts

* IPO of universal music an option but no plan at this stage to launch a process-vivendi ceo Further company coverage: (Reporting By Andrew Callus)

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