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Stock Market & Financial Investment News

News Breaks
March 21, 2014
06:27 EDTVIVHYBouygues ups SFR bid to derail Numericable offer, Bloomberg says
Bouygues raised its bid for Vivendi's SFR unit with the financial backing of the French government in an effort to derail an offer from Patrick Drahi and his Numericable Group, according to Bloomberg citing a statement from Bouygues. The revised offer includes $18.1B in cash and a 21.5% stake in the entity created from a merger of SFR with Bouygues Telecom. Reference Link
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September 19, 2014
06:17 EDTVIVHYTelefonica acquires Brazil's GVT from Vivendi
Spanish telecom company Telefonica (TEF) agreed to buy Brazilian telecom unit Global Village Telecom, or GVT, from Vivendi (VIVHY) for EUR4.66B in cash as well as a payment in shares representing 12.0% of the share capital of Telefonica Brasil, after its integration with GVT. As part of the agreement, Vivendi has accepted Telefonica’s offer to acquire 1.1B ordinary shares held by Telefonica in Telecom Italia (TI), currently representing 8.3% of Telecom Italia’s voting share capital (corresponding to 5.7% of its total share capital), in exchange of 4.5% of Vivendi’s capital in the company resulting from the integration between Telefonica Brasil and GVT.
September 9, 2014
11:34 EDTVIVHYVivendi considers stake in Mediaset TV unit, Bloomberg reports
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11:22 EDTVIVHYVivendi considers stake in Mediaset TV unit, Bloomberg reports
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