New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 24, 2014
06:26 EDTVIVHYAltice won't change offer for Vivendi's SFR unit, WSJ reports
According to a person familiar with the matter, Altice says it will not change its offer for Vivendi's SFR phone unit after Bouygues upped its bid for the unit, the Wall Street Journal reports. Bouygues' new bid improved the cash component to EUR13.15B from EUR11.3B. Reference Link
News For VIVHY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 2, 2015
06:44 EDTVIVHYFacebook holds talks with major labels to 'get into music', The Verge reports
Subscribe for More Information
July 1, 2015
11:37 EDTVIVHYVivendi reports 14.9% stake in Telecom Italia
Subscribe for More Information
June 30, 2015
12:45 EDTVIVHYVivendi finalizes acquisition of Dailymotion
Subscribe for More Information
June 26, 2015
09:18 EDTVIVHYSirius XM discloses settlement agreement with various record companies
Subscribe for More Information
June 25, 2015
17:55 EDTVIVHYVivendi CEO says 'never say never' on raising Telecom Italia stake, Reuters says
Subscribe for More Information
08:47 EDTVIVHYMarriott and Universal Music Group launch global marketing partnership
Subscribe for More Information
June 24, 2015
15:41 EDTVIVHYVivendi 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.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use