Vivendi: Joint Press Release
01 September 2020 - 4:28PM
Dow Jones News
Regulatory News:
Vivendi (Paris:VIV):
Following the refusal by the Supervisory Board and the Managing
Partners of Lagardère concerning the respective proposals from
Amber Capital and Vivendi, these two companies will refer the
matter to the Paris Commercial Tribunal to seek a Shareholders
Meeting, in accordance with the law and with their August 10(th)
agreements.
About Vivendi
Since 2014, Vivendi has been focused on building a world-class
content, media and communications group with European roots. In
content creation, Vivendi owns powerful, complementary assets in
music (Universal Music Group), movies and series (Canal+ Group),
publishing (Editis) and games (Gameloft) which are the most popular
forms of entertainment content in the world today. In the
distribution market, Vivendi has acquired the Dailymotion platform
and repositioned it to create a new digital showcase for its
content. The Group has also joined forces with several telecom
operators and platforms to maximize the reach of its distribution
networks. In communications, through Havas. the Group possesses
unique creative expertise in promoting free content and producing
short formats, which are increasingly viewed on mobile devices. In
addition, through Vivendi Village, the Group explores new forms of
business in live entertainment, franchises and ticketing that are
complementary to its core activities. Vivendi's various businesses
cohesively work together as an integrated industrial group to
create greater value. www.vivendi.com
About Amber Capital
Amber Capital is an asset management firm that primarily invests
in Europe and has approximately $1.2 billion in assets under
management as of March 1, 2020. Founded in 2005, Amber Capital is
based in London, New York and Milan*. Central to Amber Capital's
investment methodology is the combination of value-oriented,
bottom-up fundamental analysis and country as well as sector
expertise.
The Investment Team is generally recognized for its European
expertise, and ability to navigate the legal, socio-political and
cultural nuances of the region. Amber Capital has a philosophy of
shareholder engagement with a long-term, value-orientated approach
and draws on its experience and expertise in corporate governance
and fundamental analysis. The Investment Team engages with
companies and relevant stakeholders, endeavoring to build trust
with the goal of unlocking unrealized value.
* Amber Capital UK LLP is authorized and regulated by the
Financial Conduct Authority and is registered with the SEC; Amber
Capital LP is registered with the SEC; Amber Capital Italia SGR,
SpA is authorized by the Bank of Italy as an asset manager
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200831005787/en/
CONTACT:
Vivendi
SOURCE: Vivendi
Copyright Business Wire 2020
(END) Dow Jones Newswires
September 01, 2020 02:13 ET (06:13 GMT)
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