Vivendi : Acquisition of 12% of Viaplay, a pay-TV operator in Nordic countries
>Continued strengthening of Canal+ in Europe - Yesterday, Vivendi announced that it had acquired a 12% stake in the capital of Viaplay. As a reminder, Viaplay is listed in Sweden and presents a ownership structure with no controlling shareholder. Free float represents 100% of the capital. Vivendi therefore continues to strengthen its presence in Europe, even though this is just a very minority stake for the time being. The aim is probably to take a controlling stake f...Vivendi is an audiovisual group active in the entertainment industry with activities in music, TV, cinema, mobile, fixed and internet, and games. Co.'s operations are divided into five businesses: Canal+ Group which produces and distributes pay-TV in France, analog or digital, and is involved in film making; Universal Music Group which sells recorded music (physical and digital media); GVT which serves as a telecommunication operator for fixed ultra high-speed broadband, fixed-line telecommunications and Pay-TV in Brazil; SFR which is engaged in mobile phone services in France, as well as fixed and ADSL services; and Other Activities which involves ticketing, Wengo and Watchever.
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