Vivendi

Vivendi working on final details of NBCU exit
CTAM SmartBrief | 13 hours 11 minutes ago
Vivendi and General Electric, currently the two owners of NBC Universal, are working out the details of Vivendi's exit from the partnership. The disposition of Vivendi's stake is considered one of the last major hurdles to Comcast's taking control of NBCU.

Comcast Plan To Take Control Of NBC Universal Hits Snag
Discovery Executive NewsBlast | 13 hours 11 minutes ago
The Los Angeles Times reports Comcast's plan to take over controlling interest of NBC Universal has been delayed as Vivendi tries to get more money for its minority stake from General Electric. Vivendi and GE are at least $500 million apart on the value of Vivendi's 20%.

Sources: NBCU-Comcast deal slowed by negotiations with Vivendi
NAB SmartBrief | 13 hours 11 minutes ago
...reached terms with minority investor Vivendi for its stake in the company, sources said. GE reportedly wants to pay Vivendi about $5 billion for its 20% share...but the terms of the deal suggest Vivendi's holdings could be valued at just...

Vivendi, GE Dig In Heels At Talks Over Price For NBC Universal Stake
Discovery Executive NewsBlast | 13 hours 11 minutes ago
The Wall Street Jounal today reports General Electric and Vivendi remain several hundred million dollars apart in the price for Vivendi's minority stake in NBC Universal. Negotiations are holding up the deal GE is trying to with Comcast for control of NBCU.

Report: Valuation of Vivendi's stake could slow Comcast's NBCU bid
CTAM SmartBrief | 3 days 13 hours 11 minutes ago
Vivendi and General Electric, according to published reports, are still $1 billion to $2 billion apart on a valuation for the 20% stake Vivendi holds in NBC Universal. The disparity, unnamed executives said, is slowing...

GE, Vivendi $1 Billion Apart Over NBC Universal Stake: Report
Discovery Executive NewsBlast | 3 days 13 hours 11 minutes ago
The Financial Times reported on Thursday that General Electric and Vivendi remain $1 billion to $2 billion apart in their valuations of NBC Universal, a difference that may delay resolution of a sale...

Vivendi trumps Telefonica offer for Brazilian telecom
USTelecom dailyLead | 7 days 13 hours 11 minutes ago
France's Vivendi on Friday improved its offer for Brazil's GVT Holding and in the process leapfrogged a bid from Spain's Telefonica. The deal would give Vivendi a 37.9% stake in the telecom and options on an additional 19.6...

Vivendi, GE Iron Out Terms For NBC Universal Stake
Discovery Executive NewsBlast | 5 days 13 hours 11 minutes ago
The Wall Street Journal says Vivendi is asking General Electric for a higher price and protections for the sale of its 20% stake in NBC Universal. Vivendi wants to be paid before GE sells controlling interest to Comcast, according to unnamed sources quoted by the Journal.

Is Vivendi Ready To Bid Au Revoir To NBC Universal?
Discovery Executive NewsBlast | 6 days 13 hours 11 minutes ago
Vivendi announced over the weekend it has won a $4.2 million bid to acquire Brazilian telecom GVT, which means it could use the cash...

Report: Comcast and GE value NBCU at about $30 billion
CTAM SmartBrief | 7 days 13 hours 11 minutes ago
...NBC Universal after the two sides agreed on an evaluation of about $30 billion for NBCU, according to unnamed sources quoted in this report. But Vivendi, which owns 20% of NBCU and has not yet agreed to a deal, remains an obstacle.

IPO a possibility for NBCU, Vivendi chief says
CTAM SmartBrief | 21 days 13 hours 10 minutes ago
Jean-Bernard Levy, the chief executive officer of Vivendi, said that an initial public offering was a consideration...negotiations with GE to become the majority owner of NBCU, which Vivendi can exit in mid-November. "Why not?" Levy said when...

Vivendi looks for a way out of NBCU stake:
CTAM SmartBrief | 35 days 14 hours 11 minutes ago
Vivendi and General Electric are in talks that would allow the French media company...in this report, the two sides currently are about $500 million apart on Vivendi's exit strategy. GE and Vivendi declined to provide comment.

French Media Company Vivendi Mum On Possible NBC Universal Sale
Discovery Executive NewsBlast | 39 days 14 hours 11 minutes ago
Vivendi board members met in Paris on Tuesday but would not comment on what they...been negotiating with Comcast to buy controlling interest, but experts say Vivendi would like to see other potential buyers emerge to drive up the price for...

Vivendi Is Mum On Its NBC Universal Plans
Discovery Executive NewsBlast | 38 days 14 hours 11 minutes ago
Vivendi board members meeting in Paris Wednesday declined to say what they intend...Los Angeles Times. With a three-week window beginning Nov. 15 in which Vivendi could divest the assets, General Electrict has been negotiating a deal...

Vivendi CEO Says IPO An Option For NBC Universal
Discovery Executive NewsBlast | 26 days 14 hours 11 minutes ago
Vivendi chief executive Jean-Bernard Levy suggested Tuesday that an initial public...thinking we had back in 2003 when we created NBC Universal that maybe when Vivendi would exit, one way ... would be through a flotation on the stock market...