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Vivendi SA (VIVHY)

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11.03-0.07 (-0.63%)
At close: 03:46PM EST
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  • Reuters

    Canal+ and PPF raise stakes in Viaplay after Viaplay's recapitalisation

    Swedish streaming group Viaplay has completed a recapitalisation totalling 4 billion crowns ($381.7 million), it said on Friday, resulting in Canal Plus and the Czech Republic's PPF increasing their Viaplay stakes. Vivendi's Canal Plus and PPF have, as a result of the deal, raised their stakes in Viaplay to 29.33% and 29.29%, respectively.

  • Reuters

    UPDATE 1-Telecom Italia CEO held talks with Vivendi in Paris on Thursday

    Telecom Italia (TIM) Chief Executive Pietro Labriola met with top representatives of the group's main investor Vivendi in Paris on Thursday, two sources briefed on the matter said. The French media company, which holds a 24% stake in TIM, and Labriola have been at odds over TIM's decision to sell its prized landline grid to U.S. fund KKR in a government sponsored deal worth up to 22 billion euros ($23.68 billion). The sources described the meetings as "friendly" and "positive" but added that Vivendi's representatives reiterated their disagreement over the network deal, which the French company is challenging in courts.

  • Reuters

    Telecom Italia CEO held talks with Vivendi in Paris on Thursday

    MILAN (Reuters) -Telecom Italia (TIM) Chief Executive Pietro Labriola met with top representatives of the group's main investor Vivendi in Paris on Thursday, two sources briefed on the matter said. The French media company, which holds a 24% stake in TIM, and Labriola have been at odds over TIM's decision to sell its prized landline grid to U.S. fund KKR in a government sponsored deal worth up to 22 billion euros ($23.68 billion). The sources described the meetings as "friendly" and "positive" but added that Vivendi's representatives reiterated their disagreement over the network deal, which the French company is challenging in courts.