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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 12.00 | 11.92 | 11.95 | 12.002 | 11.99 | 12.00 | 3,719 | 17:03:06 |
Lagardere SCA's (MMB.FR) chief executive says he is prepared to consider buying Vivendi SA's (VIV.FR) 80% stake in pay-TV company Canal Plus France, according to an interview published on the web site of French daily Le Monde Thursday.
"I'm ready to look at buying the 80% they have and listing it on the stock exchange in favorable conditions," Arnaud Lagardere says in the interview. A spokeswoman for Vivendi declined to comment.
Lagardere SCA in February filed a lawsuit against Vivendi regarding a battle over Lagardere's long-sought exit from Canal Plus France. Lagardere currently holds a 20% stake in the business.
In the Le Monde interview, Mr. Lagardere also says he wants Vivendi to return 1.6 billion euros ($2.1 billion) of cash to Canal Plus France.
Lagardere recently sold its 7.5% stake in European Aeronautic Defence & Space Co. (EAD.FR).
Newspaper Web site: http://www.lemonde.fr
-Write to William Horobin at william.horobin@dowjones.com, Nadya Masidlover at nadya.masidlover@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Vivendi (PK) Chart |
1 Month Vivendi (PK) Chart |
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