Vivendi Owns 23.15% of Telecom Italia’s Ordinary Shares
November 23 2016 - 02:15AM
Business Wire
Regulatory News:
Vivendi (Paris:VIV) announces that it has purchased additional
Telecom Italia ordinary shares on the market in order to bring its
participation back to previous levels following the dilution of its
24.68% stake in Telecom Italia’s share capital to 21.91%. The
dilution results from the maturity of a bond mandatorily
convertible into Telecom Italia ordinary shares.
As of November 22, 2016, Vivendi owns 23.15% of Telecom Italia’s
ordinary shares.
The transactions have been notified to the U.S. securities
authority (SEC) and will also be notified to the Italian securities
authority (Consob), in accordance with the regulations applicable
in these countries.
About Vivendi
Vivendi is an integrated media and content group. The company
operates businesses throughout the media value chain, from talent
discovery to the creation, production and distribution of content.
The main subsidiaries of Vivendi comprise Canal+ Group and
Universal Music Group. Canal+ Group is the leading pay-TV operator
in France, and also serves markets in Africa, Poland and Vietnam.
Canal+ Group operations also include Studiocanal, a leading
European player in production, sales and distribution of film and
TV series. Universal Music Group is the world leader in recorded
music, music publishing and merchandising, with more than 50 labels
covering all genres. A separate division, Vivendi Village, brings
together Vivendi Ticketing (ticketing in the UK, the U.S and
France), MyBestPro (experts counseling), Watchever (subscription
video-on-demand), Radionomy (digital radio), Olympia Production,
the L’Olympia and the Theâtre de L‘Oeuvre venues in Paris and the
CanalOlympia venues in Africa. With 3.5 billion videos viewed each
month, Dailymotion is one of the biggest video content aggregation
and distribution platforms in the world. Gameloft is a worldwide
leading video games on mobile, with 2 million games downloaded per
day.
www.vivendi.com, www.cultureswithvivendi.com
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161122006227/en/
Vivendi
Telefonica Brasil (NYSE:VIV)
Historical Stock Chart
From Feb 2024 to Mar 2024
Telefonica Brasil (NYSE:VIV)
Historical Stock Chart
From Mar 2023 to Mar 2024