Vivendi Completes Acquisition Of 44% SFR Stake
16 June 2011 - 8:51PM
Dow Jones News
French telecom-to-entertainment group Vivendi SA (VIV.FR)
Thursday said it has completed the acquisition of the 44% stake in
French telecom operator SFR it didn't already own from Vodafone
Group PLC (VOD).
In a statement, Vivendi said it bought the stake for EUR7.95
billion and that SFR and Vodafone will extend their commercial
cooperation for a further three years, in line with the terms of
the deal announced earlier this year.
Vivendi now owns SFR outright.
-By Ruth Bender, Dow Jones Newswires; +33 1 4017 1754;
ruth.bender@dowjones.com
Vivendi (PK) (USOTC:VIVHY)
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