Thursday, 21 June 2018

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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