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VIV Telefonica Brasil SA

9.94
-0.01 (-0.10%)
07 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Telefonica Brasil SA NYSE:VIV NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.01 -0.10% 9.94 10.0389 9.8801 9.92 585,110 01:00:00

Vivendi: Public tender offer for SECP: price raised from 7.60€ to 8€

06/07/2015 7:12pm

Business Wire


Telefonica Brasil (NYSE:VIV)
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From May 2019 to May 2024

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NOT FOR PUBLICATION, DISSEMINATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR DISSEMINATION OF SUCH A RELEASE IS UNLAWFUL

Regulatory News:

Vivendi (Paris:VIV) has decided to raise the price of its public tender offer from 7.60€ to 8€ to reinforce the attractiveness of its proposed public tender offer to the shareholders of the Société d’Édition de Canal Plus (SECP).

This increase does not impact in any way the other details of the public tender offer, as they are stated in the draft issue note that was filed with the Autorité des marchés financiers (French Financial Markets Authority) on the 27th of May 2015.

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. Dailymotion is one of the biggest aggregation and distribution platforms for video content in the world. A separate division, Vivendi Village, brings together Vivendi Ticketing (ticketing in the UK and France), MyBestPro (experts counseling), Watchever (subscription video-on-demand) and the Paris-based concert venue L’Olympia. www.vivendi.com,www.cultureswithvivendi.com, www.themediashaker.com

Important Disclaimer

This press release does not constitute an offer and should not be construed as constituting any form of solicitation for the purchase or sale of securities in the United States or any other country. This press release is not for distribution in countries other than France. The distribution of this press release, the offer and the acceptance of the offer may be, in certain countries, subject to special regulations. Consequently, persons in possession of this press release are required to ascertain the local restrictions which may apply, and to comply with them. Vivendi disclaims any liability for any violation of such restrictions by any person.

Vivendi

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