|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||28.00 - 28.22|
|52-week range||18.81 - 32.35|
|Beta (5Y monthly)||0.65|
|PE ratio (TTM)||22.22|
|Earnings date||03 Mar 2021|
|Forward dividend & yield||0.60 (2.12%)|
|Ex-dividend date||23 Jun 2021|
|1y target est||24.84|
A group of investors will urge a French court on Tuesday to back its claim for 1 billion euros ($1.2 billion) in damages from Vivendi, alleging the media giant made false financial statements during a merger deal two decades ago. In their lawsuit, the 90 investors, represented by law firm Soffer Avocats, allege top executives at the time failed to fully disclose the extent of Vivendi's debt as the group oversaw a $46 billion three-way tie-up with Seagram Co and Canal Plus. Vivendi's boss at the time was Jean-Marie Messier.
Vivendi's appeal against an investigation by Italy's communications watchdog into its holdings in Telecom Italia and broadcaster Mediaset will be heard in court on December 6, three legal sources said on Wednesday. The watchdog AGCOM began the inquiry into the French media group's stakes in Mediaset and Telecom Italia in December last year. Aimed at assessing whether Vivendi's holdings are in breach of national rules granting media plurality, the investigation could help Mediaset, controlled by the family of former Italian Prime Minister Silvio Berlusconi, in its battle against Vivendi, its second largest shareholder.
The French firm, whose artists include the likes of Lady Gaga, Kanye West and Taylor Swift, said the music group will be listed in Amsterdam by the end of the year if the deal goes through.