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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 | 11.94 | 11.96 | 8 | 14:34:32 |
From Jul 2019 to Jul 2024
By Jason Chow
PARIS--Vivendi SA announced late Friday it now owns a 20% of Telecom Italia, the latest milestone in the French media company's growing stake in the Italian company.
Vivendi said it intends to be "a long-term shareholder" in the company. In June, the company held just 15.9% of Telecom Italia.
The growing stake is the latest indication of Vivendi Chairman Vincent Bolloré's strategy, after he took control of the group last year. While a wave of asset sales in recent years left Vivendi with a roughly 9 billion euro ($9.9 billion) war chest, Mr. Bolloré has so far made only relatively small purchases, such as buying French online-video firm Dailymotion and buying stakes in video game company Ubisoft Entertainment SA and Gameloft SA.
-Write to Jason Chow at jason.chow@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
October 23, 2015 12:36 ET (16:36 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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