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SFR eyes shares listing in early July - CEO
February 3, 2014 / 9:53 AM / in 4 years

SFR eyes shares listing in early July - CEO

PARIS, Feb 3 (Reuters) - Vivendi’s mobile phone unit SFR is aiming for a stock market listing in early July, its chief executive said on Monday.

“We are well advanced in the spin-off (process),” SFR CEO Jean Yves Charlier told journalists following a news conference.

Vivendi is already selling most of its stake in Activision and its Maroc Telecom businesses as part of a broader overhaul, after SFR was hammered by competition in the French mobile market, sparked by the arrival of low-cost operator Iliad . (Reporting by Leila Abboud, Dominique Vidalon; editing by Blaise Robinson)

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