Vivendi has received €1.974 billion from Patrick Drahi’s investment group Altice in part-payment for Vivendi’s residual 20% stake in French cable and telecom operator Numericable-SFR.
The payment represents the balance of the purchase price for the stake agreed between the pair when they struck their deal to transfer the stake in February, and marks the completion of Vivendi’s withdrawal from Numericable-SFR.
The completion follows Vivendi’s securing of overall control of Société d’Edition de Canal Plus (SECP), the Canal Plus Group unit that controls the company’s domestic premium channels.
MTV Play comes to Virgin TV digitaltveurope.com/2021/03/01/mtv… https://t.co/V6u5Rvr6YY
01 March 2021 @ 15:00:02 UTC
Former Virgin Media MD Pat Kiely launches Dublin-based prodco digitaltveurope.com/2021/03/01/for… https://t.co/bZQzhBgBNj
01 March 2021 @ 14:00:02 UTC
North American OTT market to double in revenue by 2026 digitaltveurope.com/2021/03/01/nor… https://t.co/efYNRfgbBO
01 March 2021 @ 12:01:01 UTC
APAC pay TV revenues to fall by US$1 billion over next five years digitaltveurope.com/2021/03/01/apa… https://t.co/TvkVduoUV3
01 March 2021 @ 11:36:29 UTC
DTVE: the week in view – Who wants @paramountplus? digitaltveurope.com/comment/who-wa… https://t.co/YfbGYsIHtz
28 February 2021 @ 20:00:01 UTC
