SECP


Vivendi closes in on 100% control of premium channels unit

Vivendi has launched an obligatory squeeze-out process after securing 97.07% control of SECP, the unit that owns Canal+’s premium channels in France. Vivendi launched a public offer for the part of SECP that it did not already own in May, extending its holding from 48.5% to 93.6% by mid-August. The company then reopened the public […]

Vivendi takes control of Canal+ premium channels unit

Vivendi has secured overall control of Société d’Edition de Canal Plus (SECP), the company that controls the Canal+ premium channel family in France, as a result of the tender offer it initiated in May. Vivendi now controls 93.6% of SECP, with the tender resulting in the transfer of 45.2% of the share capital of the […]

Vivendi ups tender offer for Canal+ channels unit

Vivendi has raised the price of its public tender offer for SECP, the Canal+ Group unit that controls the Canal+ premium channel family in France, from €7.60 to €8 to “reinforce the attractiveness of its proposed public tender offer” to SECP’s shareholders. Vivendi moved to take full control of the unit, in which it holds […]

Vivendi to take full control of Canal+ channels unit

Vivendi is to make an offer to acquire the shares in Société d’Édition de Canal Plus (SECP) – the Canal+ Group unit that controls the Canal+ premium channel family in France – that it does not already own. Vivendi, which currently indirectly owns 48.5% of SECP through its 100% control of Canal+ Group, said that […]