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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 | 14:50:04 |
From Jul 2019 to Jul 2024
French media conglomerate Vivendi SA (VIV.FR) raised its stake in video-streaming website Dailymotion to 90% through the acquisition of an additional 10% from Orange SA (ORA.FR), Les Echos newspaper reported, citing unidentified sources.
Vivendi paid 27 million euros ($30.5 million) for the stake in Dailymotion, the newspaper reported. The company had paid EUR217 million for an 80% stake in Dailymotion last June.
Vivendi stepped in earlier this year to buy Dailymotion after the French government twice prevented Orange from selling the country's largest video-streaming website to foreign companies.
A spokesman for Vivendi declined to comment on the report from Les Echos. Vivendi is due to report its first-half profit report.
Newspaper Web site: http://www.lesechos.fr
Write to Inti Landauro at inti.landauro@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 02, 2015 02:37 ET (06:37 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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