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VIVEF Vivendi (PK)

10.17
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Vivendi (PK) USOTC:VIVEF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.17 10.28 10.91 0.00 21:00:23

Vivendi Says It Is Waiting for 'Right Time' to Launch UMG Minority IPO -Le Figaro

19/02/2018 10:04am

Dow Jones News


Vivendi (PK) (USOTC:VIVEF)
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--Listing a minority stake in subsidiary Universal Music Group is not on Vivendi's agenda right now, but it is something that will happen "when the right time comes," Chief Executive Arnaud de Puyfontaine said in an interview with Le Figaro on Monday.

--Mr. de Puyfontaine said that UMG's valuation has risen to between $30 billion and $40 billion from $6 billion in just four years as the company has undergone a "remarkable transformation," Le Figaro reports.

 

Full story: http://bit.ly/2Gqhu27

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

February 19, 2018 04:49 ET (09:49 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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