Tuesday 23 April 2024
 
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Vivendi

Vivendi says no plans to buy French rival Lagardere

French media group Vivendi, with cash to spend after selling a chunk of its business, has no plans to bid for smaller rival Lagardere. Earlier this week, a source familiar with the matter had told Reuters Vivendi had made a bid wo

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Etisalat completes Maroc Telecom stake buy

UAE-based Etisalat, a leading telecommunications group in the region, has completed the acquisition of 53-per cent shareholding in Morocco’s Itissalat Al Maghrib or Maroc Telecom from Vivendi, a French mass media and telecom giant.

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Etisalat inks $4.3bn multi-currency club deal

Etisalat, the leading telecommunications operator in the UAE, said it has signed a multi-currency club deal worth 3.15 billion euros ($4.35 billion) with a group of seventeen international, regional and local banks. The move is ai

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Etisalat to buy Vivendi's 53pc stake in Maroc Telecom

Vivendi has agreed terms to sell its 53 percent stake in Maroc Telecom to UAE's Etisalat for 4.2 billion euros ($5.67 billion), the latest step in the French conglomerate's attempts to become more media-focused. The deal,

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Etisalat talks to buy Maroc Tel stake extended

UAE's leading telecom services operator Etisalat said that its exclusive talks to buy Vivendi's 53 per cent stake in Maroc Telecom have been extended to October 31. Vivendi in July had entered into exclusive negotiations w

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Etisalat Maroc stake sale deal in 2 months

The UAE's leading telecom operator Etisalat's planned deal to buy a majority stake in Maroc Telecom will be finalised in 1-2 months, Morocco's Minister of Foreign Affairs told reporters on Wednesday.  

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Vivendi to sell stake in publisher for $8.2bn

Vivendi agreed to sell most of its stake in Activision Blizzard, the world's largest videogames publisher, for $8.2 billion on Friday, paving the way for a broader split of the French conglomerate's media and telecoms assets.

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Ooredoo withdraws bid for key Vivendi stake

Qatar-backed telecom group Ooredoo has withdrawn its bid for Vivendi's 53 per cent stake in Maroc Telecom, leaving rival Gulf operator Etisalat as the remaining bidder. The sale of Morocco's biggest fixed and mobile teleco

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Etisalat wins approval to raise finance for Maroc bid

UAE's leading telecom services operator Etisalat has won approval from its shareholders to raise financing for acquiring Vivendi’s 53 per cent stake in Marco Telecom, said a company statement. The board’s recommend

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Etisalat offers higher price for Maroc stake

Gulf telecom operator Etisalat has offered a higher price for Vivendi's Maroc Telecom stake than rival Qatari bidder Ooredoo, according to two people familiar with the matter. Etisalat's bid needs further work, however, an

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