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Stock Market & Financial Investment News

News For VOD;TEF;TI;FTE;DTEGY From The Last 14 Days
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July 5, 2015
13:58 EDTDTEGYSome European stocks still look appealing amid Greek uncertainty, Barron's says
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July 1, 2015
11:37 EDTTIVivendi reports 14.9% stake in Telecom Italia
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June 30, 2015
07:45 EDTDTEGY, TI, VOD, TEFEU agrees to enact 'net neutrality' law, WSJ reports
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June 25, 2015
17:55 EDTTIVivendi CEO says 'never say never' on raising Telecom Italia stake, Reuters says
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June 24, 2015
15:41 EDTTI, TEFVivendi increases position in Telecom Italia to 14.9%
Vivendi (VIVHY) announced that it has received 1.11B ordinary shares, or 8.24%, of Telecom Italia (TI) in exchange for 4.5% of the share capital of Telefonica Brasil (VIV), in accordance with the option given to it as part of the sale of GVT to Telefonica (TEF). Separately, Vivendi increased its ordinary shares in Telecom Italia from the recently purchased 1.9% with an additional stake of 4.76% purchased on June 22 for a total of 6.66%, representing a global cash payment of approximately EUR1B. Vivendi now owns 14.9% of Telecom Italia’s ordinary shares and has thus replaced Telefonica as the company’s largest shareholder. "This investment represents an opportunity for Vivendi... to expand in a market with significant growth prospects and a very strong appetite for quality content. Vivendi intends to support Telecom Italia over the long term," said the company.
06:12 EDTVODLiberty Global to focus on growing in existing European markets, Reuters says
Liberty Global (LBTYA) CEO Michael Fries told Germany's Handelsblatt that the company plans to focus on growing in its existing markets in Europe, Reuters reports, and that markets where the company is not active "do not interest us." Though Fries did not comment on talks with Vodafone (VOD), he said Liberty does not need to buy other companies to grow in the markets where it already operates. Reference Link

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