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Name | Symbol | Market | Type |
---|---|---|---|
Vivendi SE (PK) | USOTC:VIVHY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.036 | -0.30% | 11.964 | 11.94 | 11.96 | 12.002 | 11.94 | 12.00 | 4,787 | 19:14:43 |
Polish broadcaster TVN SA (TVN.WA) and Canal Plus plan to merge their Polish pay-TV businesses into a joint venture in which TVN will have a significant minority stake, the Polish company's controlling shareholder said in a statement late Tuesday.
Canal Plus, which is owned by France's Vivendi SA (VIV.FR), plans to acquire a significant minority stake in N-Vision B.V., the parent company of Polish Television Holding B.V., which in turn holds a 51% stake in TVN, ITI Holdings SA said in a statement on its website.
Canal Plus has been granted the option to acquire the remaining portion of the controlling stake in TVN over time from ITI, the company added.
-By Marynia Kruk, Dow Jones Newswires; +48 22 447-2431; marynia.kruk@dowjones.com
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