VIVHY - Vivendi SA
| Previous close | 8.80 |
| Open | 8.73 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 8.68 - 8.74 |
| 52-week range | 7.36 - 11.47 |
| Volume | |
| Avg. volume | 44,580 |
| Market cap | 9.023B |
| Beta (5Y monthly) | 0.86 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.73 |
| Earnings date | N/A |
| Forward dividend & yield | 0.28 (3.10%) |
| Ex-dividend date | 25 Apr 2023 |
| 1y target est | 12.10 |
- Business Wire
Vivendi Has Received Approval from the European Commission to Complete Its Proposed Transaction with Lagardère
PARIS, June 09, 2023--Regulatory News: Vivendi today announced that it received approval from the European Commission to proceed with its proposed transaction with Lagardère.
ReutersEU antitrust regulators approve Vivendi, Lagardere deal
BRUSSELS (Reuters) -Vivendi, the French media conglomerate controlled by billionaire Vincent Bollore, on Friday won conditional EU antitrust approval for its acquisition of France's largest publisher Lagardere. Vivendi last year announced the deal which would give it control of Lagardere's flagship weekly publications Journal du Dimanche (JDD) and Paris Match. The European Commission, which acts as the competition enforcer in the 27-country European Union, said Vivendi agreed to sell its publishing unit Editis and celebrity magazine Gala to address regulatory concerns about the deal.
ReutersKKR, CDP rival consortium readying new bids for Telecom Italia's grid
U.S. fund KKR and a rival consortium comprising state lender CDP and Australian fund Macquarie are readying to submit slightly improved bids for Telecom Italia's (TIM) network ahead of a June 9 deadline, sources said. Debt-crippled TIM is seeking improved offers for its most valuable asset after having assessed as not yet adequate the proposals received in May. KKR and the CDP-led consortium offered 21 billion euros($22.5 billion) and 19 billion euros, respectively, for TIM's domestic landline grid and its submarine unit Sparkle, sources have previously said.
BloombergBollore CEO Says Vivendi Share Sale Takes Buyout Off the Agenda
(Bloomberg) -- French conglomerate Bollore SE isn’t planning to take over Vivendi SE, according to the company’s Chief Executive Officer Cyrille Bollore.Most Read from BloombergMcCarthy, Graves Signal Impasse in White House Debt TalksWorld’s Richest Man Loses $11 Billion After LVMH Stock RoutWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofStocks Slide as Sentiment on Global Outlook Sours: Markets WrapLula Lashes Out and Sends Warning to Central Bankers EverywhereBollo
ReutersTelecom Italia urged to call board meeting to name Vivendi candidate - sources
Telecom Italia (TIM) is being urged by some directors to hold an extraordinary board meeting to name a candidate sponsored by top investor Vivendi to fill a vacant director seat at the former phone monopoly, two sources said on Saturday. Vivendi is currently at loggerheads with TIM's management over its plans to revamp Italy's biggest phone company's domestic business through the sale of its prized landline grid. Some TIM directors sent a letter on Friday to urge the company to call a meeting as early as next week to select Luciano Carta to fill a vacant seat on the board, the sources said.
ReutersVivendi indicates ex-Leonardo chairman for Telecom Italia board-sources
Telecom Italia's top shareholder Vivendi has proposed Luciano Carta, a former chairman at Italian defence group Leonardo to fill a vacant seat on the former phone monopoly's board, two sources said on Wednesday. Vivendi is currently at loggerheads with Telecom Italia (TIM) management over its plans to revamp its domestic business through the sale of its prized landline grid. The seat has been vacant since January, when Vivendi CEO Arnaud de Puyfontaine quit the board asking for a new governance set-up.
ReutersSpain gives Vivendi approval to raise stake in media group Prisa
Spanish media company Prisa said on Friday its second-largest shareholder Vivendi, had obtained the Spanish government's go-ahead to raise its stake in the publisher of the El Pais newspaper. The Spanish government has given authorisation for Vivendi to exchange the Prisa convertible bonds it acquired in February into equity, Prisa said in a statement. Heavily-indebted Prisa had sold 130 million euros ($143 million) worth of convertible bonds in a move to reduce its debt.
ReutersTelecom Italia up after deadline for final grid offer set
MILAN (Reuters) -Shares in Telecom Italia (TIM) rose as much as 4% on Friday as the board of the phone group set a final deadline of June 9 for improved offers for its prized landline grid. TIM directors met on Thursday to draw up a response to rival approaches for the grid from KKR and a consortium of state lender CDP and fund Macquarie, worth 21 billion euros ($23 billion) and 19.3 billion euros, respectively. After the board meeting, TIM said the were bids "not yet adequate", adding at least one of the bidders had expressed its readiness to improve its non-binding offer.
ReutersTIM debates grid bids as investor Vivendi challenges strategy
Telecom Italia (TIM) directors will meet on Thursday to decide their response to multibillion bids for the phone company's landline grid as top investor Vivendi calls into question the group's strategy. The sale of TIM's fixed network and its submarine cable unit Sparkle is the focus of CEO Pietro Labriola's plan to slash the company's 25 billion euros ($27.6 billion) of debt and revive the former phone monopoly's struggling domestic business. Rival suitors KKR and a consortium comprising Italian state lender CDP and Macquarie have offered 21 billion euros and 19.3 billion euros respectively, sources have previously said, each raising initial bids by 1 billion euros.
- Business Wire
Vivendi: Annual General Shareholders’ Meeting Approves All Resolutions
PARIS, April 24, 2023--Regulatory News: The Combined Annual General Meeting (AGM) of Vivendi (Paris:VIV) shareholders was held today at L'Olympia in Paris under the chairmanship of Yannick Bolloré with a quorum of 69.89% of shareholders present or represented.
- Business Wire
Vivendi: Revenues Increased to €2.29 Billion in the First Quarter of 2023
PARIS, April 24, 2023--Regulatory News: Yannick Bolloré, Chairman of the Supervisory Board of Vivendi (Paris:VIV), and Arnaud de Puyfontaine, Chairman of the Management Board and CEO, jointly declared: "All of our businesses progressed during the first quarter of 2023. Many positive signs have emerged in the last few months. The landmark agreement with Apple confirms Canal+ Group's leadership position in France as a content aggregator. Studiocanal once again demonstrated its ability to produce f
ReutersVivendi strikes Editis deal in step towards Lagardere takeover
(Reuters) -Vivendi said on Monday it had entered into a put option agreement with a subsidiary of Daniel Kretinsky's Czech Media Invest (CMI) to sell its publishing business Editis. Vivendi is set to win EU approval to buy fellow French media group Lagardere after addressing antitrust concerns with its offer to sell Editis and celebrity magazine Gala. Vivendi said in March that it was in talks with CMI's International Media Invest (IMI) over the sale of Editis.
ReutersTop TIM investor challenges CEO as pay policy rejected
MILAN (Reuters) -Vivendi, the top investor in Telecom Italia (TIM) , on Thursday stepped up pressure on CEO Pietro Labriola after shareholders in the phone group rejected its remuneration policy. A person close to the French media group said the vote over TIM's pay policy was a clear sign of opposition to Labriola's strategy, adding a change of step as well as a different governance set-up were needed. Vivendi has been on the warpath over Labriola's plans to sell TIM's main asset, its landline grid, to strive to turn around the group by reducing its large debt and focusing on its services business.
ReutersExclusive-Vivendi set to win EU green light for Lagardere deal, sources say
French media conglomerate Vivendi is set to win EU antitrust approval to buy Lagardere after its offer to sell Editis and celebrity magazine Gala managed to address competition concerns, people with direct knowledge of the matter said on Wednesday. The European Commission, which is scheduled to decide on the deal by June 14, declined to comment. Vivendi had no immediate comment.
ReutersItaly's TIM network bidders prepare slightly higher offers -sources
Bidders for Telecom Italia's (TIM) landline grid are preparing to raise their offers of around 20 billion euros ($22 billion) by between 1 and 2 billion euros ahead of a Tuesday deadline, three sources close to the matter told Reuters. The sale of Italy's main fixed telecoms network pits U.S. fund KKR, which is already an investor in TIM's grid, against Italian state lender CDP, which has teamed up with infrastructure fund Macquarie. TIM is looking to sell its largest asset as CEO Pietro Labriola seeks to restructure the group, whose debt is rated as "junk" and which faces a steady revenue decline in its hyper-competitive home market.
ReutersVivendi to sell celebrity magazine Gala to win EU approval for Lagardere bid -source
French media giant Vivendi is set to commit to selling celebrity magazine Gala in a bid to win the European Commission's approval for the acquisition of Lagardere, a source close to the matter said on Tuesday. The commitment to the European Commission's antitrust services will be made on Wednesday, the source added. The pledged sale of Gala would be the latest remedy offered by Vivendi, controlled by billionaire Vincent Bollore, as it seeks to secure the takeover of Lagardere's flagship weekly publications Journal du Dimanche (JDD) and Paris Match.
ReutersTelecom Italia's top investor criticises CEO bonus payment, sources say
Telecom Italia's top investor Vivendi has criticised the mechanism to award salary bonus payments for the chief executive and the top management of Italy's biggest phone group, two sources familiar with the matter said on Friday. France's Vivendi, which owns a 24% stake in Telecom Italia, is piling pressure on the company's directors and CEO over an ongoing process to sell its landline grid. The sale of the grid, Telecom Italia's most valuable asset, is a key part of CEO Pietro Labriola's strategy for turning around the former phone monopoly and slashing its debts.
ReutersVivendi offers fresh remedies in bid to secure EU okay for Lagardere buy
French media conglomerate Vivendi has offered fresh remedies in an attempt to address EU antitrust concerns about its takeover of Lagardere, a European Commission filing showed on Wednesday. The EU competition enforcer last year warned that the deal may reduce competition across the entire book value chain in French-speaking countries in Europe, and also hurt a segment of magazine publishing in France. The Commission, which did not publish details of the remedies in line with its policy, will seek feedback from customers and rivals before deciding whether to accept Vivendi's proposal.
- Business Wire
Vivendi and Its Businesses Mobilized for the 3rd Year Around the Cinema For Change Festival
PARIS, April 04, 2023--Regulatory News: For the third year running, the Vivendi Group (Paris:VIV) is partnering the Cinema For Change festival, to be held through April 11-16, 2023 at the Grand Rex in Paris. Vivendi and several of its assets, including Canal+ Group, Prisma Media, Editis, CanalOlympia and Dailymotion, are mobilizing to raise the profile of the festival, which builds public awareness of the UN Sustainable Development Goals.
ReutersTIM's grid suitors studying bid improvements, sources says
Suitors for Telecom Italia's network are studying potential improvements to their rival multi-billion euro bids for the former phone monopoly's grid after they received additional information on the asset, sources said on Tuesday. The sale of the grid is a key plank of CEO Pietro Labriola's plan to revamp Telecom Italia (TIM) and cut its debt pile of 25 billion euros ($27.1 billion). The TIM board this month mandated Labriola to start a formal bidding process and seek improved offers from Italian state lender CDP and Macquarie, as well as from rival suitor KKR by April 18.
- Business Wire
Vivendi Reaches New Milestones in Its Environmental Approach: Its Emissions Reduction Plan Has Been Validated by SBTi and Its CDP Score Raised to A-
PARIS, March 23, 2023--Regulatory News: Vivendi’s (Paris:VIV) commitment to fighting climate disruption and protecting the environment has recently been doubly recognized.
- Business Wire
Vivendi Opens the Doors of Its Clubhouse in the Metaverse of The Sandbox
PARIS, March 22, 2023--Regulatory News: Vivendi (Paris:VIV), the first content, media and communications group to acquire a plot of land in The Sandbox one year ago, is pursuing its journey of exploration into the metaverse at the "French Weeks" event, organized by The Sandbox for its French partners from March 23 to April 6, 2023.
- Business Wire
Vivendi Mobilizes All Its Businesses to Support Plastic Odyssey
PARIS, March 16, 2023--Regulatory News: Vivendi (Paris:VIV) is committed to the fight against plastic pollution in the oceans and has become the main media partner of Plastic Odyssey. With 20 tons of plastic being dumped into the oceans every minute, Plastic Odyssey's ship will sail along the coasts of the Mediterranean and Atlantic Oceans for three years to promote local waste treatment initiatives, develop the recycling economy to create jobs, and raise awareness among local citizens.
- Business Wire
Vivendi: Procedures for Obtaining or Consulting Information on the Combined General Shareholders’ Meeting to Be Held on April 24, 2023
PARIS, March 15, 2023--Regulatory News: Vivendi (Paris:VIV):
ReutersTIM to ask CDP-Macquarie to raise network bid, sources say
Telecom Italia (TIM) is expected on Wednesday to ask Italian state lender CDP and Australian fund Macquarie to improve their bid for TIM's fixed network assets as it regards the offer as too low, four sources said on Tuesday. Earlier this month CDP, which owns a 10% stake in TIM, submitted a non-binding bid together with its partner Macquarie to buy TIM's network as part of a plan to combine the assets with those of TIM's smaller rival Open Fiber.