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Vivendi SE (VVU.SG)
- Reuters
Vivendi asks judge for new documents in Telecom Italia network sale case
MILAN (Reuters) -Telecom Italia's (TIM) biggest investor, Vivendi, asked an Italian judge for further documentation to be provided in a case challenging the planned sale of the phone group's landline grid to U.S. fund KKR, a lawyer for the French company said on Tuesday. Worth up to 22 billion euros ($23.9 billion) and backed by the Italian government, the proposed sale is a key plank of TIM Chief Executive Pietro Labriola's strategy to revamp the debt-laden telecoms company. Vivendi, which was seeking a higher price, filed a complaint with a Milan court in December to annul the decision by TIM's board to sell the network without a shareholder vote.
- Zacks
VIVHY vs. TU: Which Stock Is the Better Value Option?
VIVHY vs. TU: Which Stock Is the Better Value Option?
- Bloomberg
Lagardère CEO Resigns After Being Charged With Embezzlement
(Bloomberg) -- Arnaud Lagardère, the French business scion who heads a publishing group now controlled by Vivendi SE, was charged with alleged embezzlement and has resigned provisionally as chief executive officer of Lagardère SA.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketAmazon Reports Strong Cloud Unit Sales on Rising AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance Founde
