French conglomerate Vivendi is considering taking full control of its subsidiaries, pay-TV broadcaster Canal Plus and mobile operator SFR.
The company, which is run by Jean Bernard Levy, currently owns 65% of Canal Plus, which offers a satellite pay-TV service. It plans to buy commercial broadcaster M6’s 5.1% share in Canal Plus in February after making an offer last year, and acquiring media firm LagardÃ¨re’s 20% in the company. It is also eyeing the acquisition of Vodafone’s stake in mobile telco SFR, of which Vivendi currently owns 56%.
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19 October 2020 @ 12:30:00 UTC