Vivendi calls off talks with Zain
July 22, 2009 Written by James Middleton
French conglomerate Vivendi has called off its talks with Kuwait-based Zain, over the acquisition of the operator’s African assets.
Vivendi
Vodafone sells SFR stake to Vivendi for €7.95bn
April 4, 2011 Written by Mike Hibberd
International operator Vodafone has announced that it is to sell its 44 per cent stake in French carrier SFR to its partner in the operation, Vivendi, for €7.95bn. Vivendi will pay €7.75bn in cash, with a final dividend from SFR of €200m paid on completion of the deal. The move is the latest in a planned series of divestments as Vodafone exits markets in which it does not have majority ownership.
Vivendi looks to Brazilian acquisition
September 9, 2009 Written by James Middleton
French conglomerate Vivendi has launched a €2bn offer for 100 per cent of Brazilian fixed line carrier GVT, giving it access to a wide range of services for the Latin American market, including VoIP telephony, corporate data, broadband, internet services and pay TV.
Zain’s African safari could be coming to an end
July 13, 2009 Written by Matthew Reed
All good things must come to an end, and it looks as if Zain’s African adventure might be drawing to a close. There is little doubt that Zain is considering the sale of its operations in sub-Saharan Africa, or at least of a stake in those operations.
Vivendi confirms interest in Zain Africa
July 10, 2009 Written by James Middleton
French conglomerate Vivendi has ended weeks of speculation with the confirmation that it is in talks to acquire a majority stake in Zain’s African operations.
Zain fuels African sale rumours
July 3, 2009 Written by James Middleton
Speculation that aspiring global carrier Zain is looking to sell off its African portfolio was fuelled further this week, after it emerged that Swiss bank UBS has been appointed to help the firm assess its operations.
Vivendi named as Zain suitor in Nigerian press
June 15, 2009 Written by Mike Hibberd
Nigerian newspaper Business Day has named French telecoms carrier Vivendi as the firm looking to build a deal with pan-MEA mobile operator Zain, after reports emerged last week that the Kuwaiti firm was looking to offload its African operations.
SFR to increase stake in Neuf Cegetel
December 20, 2007 Written by James Middleton
French conglomerate Vivendi said Thursday its mobile phone subsidiary, SFR, is in talks to buy up a further stake in fixed line carrier Neuf Cegetel. SFR would buy a further 29 per cent stake in the fixed line operator from trading group Louis Dreyfus for around Eur2.07bn. The French mobile operator already owns 40.5 per [...]
Vivendi calls Saudi talks off
November 20, 2007 Written by James Middleton
French conglomerate Vivendi said Tuesday that it has called off discussions with Middle Eastern company Saudi Oger regarding an investment in Oger Telecom. Vivendi did not give a reason for the breakdown in talks and only said it will continue to pursue an acquisition strategy “with the emphasis on value creation at an acceptable price, [...]
Vivendi hits T-Mobile with racketeering suit
October 24, 2006 Written by James Middleton
French conglomerate Vivendi said Tuesday that it has filed a Racketeer Influenced and Corrupt Organizations Act (RICO) complaint in federal court in the State of Washington, alleging that T-Mobile has illegally appropriated Vivendi’s holding in a Polish operator. The move highlights how ugly the situation in Poland is becoming as both Vivendi and T-Mobile parent, [...]
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