Société d’Édition de Canal Plus

Vivendi exits Numericable-SFR with €2 billion payment

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 […]

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 […]