Vivendi to quit Brazil to boost Telecom Italia stake
By Mary Lennighan, Total Telecom
Monday 22 June 15
French firm could announce a deal to up its stake in Italian incumbent as early as this week, but antitrust issues in Brazil could block its path.
Vivendi is close to announcing a deal to raise its stake in Telecom Italia to just under 15%, according to various news outlets, but competition concerns mean it may well have to offload its stake in Telefonica Brasil first.
The French firm…
Vivendi is close to announcing a deal to raise its stake in Telecom Italia to just under 15%, according to various news outlets, but competition concerns mean it may well have to offload its stake in Telefonica Brasil first.
The French firm…
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