Vivendi SA (VIVEF, VIV.FR) would be open to the sale of GVT, its
Brazilian telecom unit, Reuters reported Thursday, citing sources
familiar with the matter.
The sources said a sale could be valued at up to 8.5 billion
euros ($10.43 billion), the report said.
In May, GVT said it was investing 100 million Brazilian reais to
roll out services in two states in Brazil's northeast.
People familiar with the matter recently said that Vivendi is
working with two investment banks to explore the sale of Activision
Blizzard Inc. (ATVI), in which the French conglomerate owns a
majority stake.
Full story at
http://www.reuters.com/article/2012/07/19/us-vivendi-gvt-idUSBRE86I10620120719
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