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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 | 11.93 | 11.95 | 10 | 14:46:36 |
By Ruth Bender
PARIS--Vivendi (VIV.FR) said Wednesday it has closed the sale of its remaining 20% stake in French telecommunications operator Numericable-SFR (NUM.FR).
Vivendi said it today received a first payment from Numericable-SFR and its parent Altice SA (ATC.AE) of 1.8 billion euros ($2.04 billion) for the stake.
Altice will make a second payment of EUR1.9 billion by April 7, 2016, bearing an interest of 3.8% per year.
Altice said it now holds around 70.4% of Numericable-SFR.
-Write to Ruth Bender at ruth.bender@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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