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Telecom Italia CEO's job under threat...from Vivendi

2016-03-04 01:00:00| Total Telecom industry news

French shareholder has met with possible replacements for Patuano, seeks to transform telco into Southern European media group, sources say.

Tags: job italia telecom vivendi

 

Vivendi buys more of Telecom Italia

2016-03-02 01:00:00| Total Telecom industry news

French media group increases its stake in Italian telco to almost 24%.

Tags: italia telecom buys vivendi

 
 

Vivendi raises Gameloft offer to EUR 7.20 a share

2016-03-01 08:50:00| Telecompaper Headlines

(Telecompaper) Vivendi has raised the price of its proposed public tender offer for Gameloft shares to EUR 7.20 per share. On 18 February, the group had announced its intent to launch an offer for Gameloft shares at EUR 6 per share. Vivendi currently holds 30 percent of Gameloft. In a related move, Vivendi announced that it now holds 15.66 percent of the share capital of Gameloft's sister company Ubisoft.

Tags: share offer eur raises

 

Gameloft says Vivendi bid too low

2016-02-29 17:22:00| Telecompaper Headlines

(Telecompaper) Gameloft's board has declared that Vivendi's public offer of EUR 6 per share for the 70 percent of the mobile games developer is against its interests and those of its shareholders, employees and customers. It said that in light of its intrinsic value and prospects, the offer was financially insufficient.

Tags: low bid vivendi gameloft

 

Vivendi, Liberty Media agree USD 775 mln settlement

2016-02-26 15:27:00| Telecompaper Headlines

(Telecompaper) Vivendi announced that it has agreed to settle a lawsuit filed by Liberty Media in March 2003 related to the formation of Vivendi Universal Entertainment in May 2002. Vivendi has agreed to pay Liberty Media USD 775 million to settle, although it rejects having committed any wrongdoing. Vivendi said it was pleased to resolve the long-running dispute on terms it sees as being in the interest of the company and its shareholders.

Tags: media agree usd settlement

 

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