Vivendi : Towards the spinning-off of Vivendi and a valuation of between € 13 and € 15
>No offer from Bolloré, but an even more value-creating plan - Vivendi has announced that its board of directors is to work on a spin-off plan for its main assets, i.e. Havas and Groupe Canal+. The aim would be to create independent entities which could then be developed on an organic and non-organic basis (M&A) whilst at the same time ensuring control by Vivendi and Bolloré. The group would therefore be reproducing the set-up adopted for UMG, but with control at the ...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.