Vivendi: receipt of the balance payable on the sale of its Numericable-SFR stake
20 August 2015 - 2:17AM
Business Wire
Regulatory News:
Vivendi (Paris:VIV) today received a total of €1.974 billion
representing the balance of the purchase price payable under the
agreements entered into with Altice, announced on February 27,
2015, for the sale of its remaining 20% interest in
Numericable-SFR.
This payment marks the completion of its withdrawal from
Numericable-SFR.
About Vivendi
Vivendi is an integrated media and content group. The company
operates businesses throughout the media value chain, from talent
discovery to the creation, production and distribution of content.
The main subsidiaries of Vivendi comprise Canal+ Group and
Universal Music Group. Canal+ is the leading pay-TV operator in
France, and also serves markets in Africa, Poland and Vietnam.
Canal+ operations include Studiocanal, a leading European player in
production, sales and distribution of film and TV series. Universal
Music Group is the world leader in recorded music, music publishing
and merchandising, with more than 50 labels covering all genres. A
separate division, Vivendi Village, brings together Vivendi
Ticketing (ticketing in the UK, France and the U.S.), MyBestPro
(experts counseling), Watchever (subscription video-on-demand) and
the Paris-based concert venue L’Olympia. With over 2.5 billion
videos viewed each month, Dailymotion is one of the biggest
aggregation and distribution platforms in the world.
www.vivendi.com, www.cultureswithvivendi.com,
www.themediashaker.com
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