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Vivendi SA (VIV.PA)

VIV.PA on Paris Stock Exchange

22.86EUR
23 May 2018
Change (% chg)

€-0.25 (-1.08%)
Prev Close
€23.11
Open
€22.97
Day's High
€23.03
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€22.69
Volume
4,012,901
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4,659,578
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€24.87
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€18.40

Latest Key Developments (Source: Significant Developments)

Sony to buy stake in EMI Music Publishing
Tuesday, 22 May 2018 

May 22 (Reuters) - Sony Corp <6758.T>:Says Mubadala Investment Company and the co have signed a legally binding memorandum of understanding for the sale of the Mubadala consortium's about 60 percent equity interest in EMI Music Publishing to co's wholly owned unit Sony Corporation of America, based on an enterprise value of $4.75 billion.As a result of the transaction, co will indirectly own about 90 percent equity interest in EMI Music Publishing .The closing of the transaction is subject to certain closing conditions, including regulatory approvals.  Full Article

Bollore Group Says Q1 revenues at 5.33 bln euros
Thursday, 17 May 2018 

May 17 (Reuters) - Bollore SA ::BOLLORE GROUP SAYS FIRST QUARTER REVENUES 5.33 BILLION EUROS, UP 6 PERCENT AT CONSTANT EXCHANGE RATES AND PARAMETRES.BOLLORE GROUP SAYS NOW OWNS ABOUT 24 PERCENT OF VIVENDI.  Full Article

Telecom Italia CEO says board not discussing any changes to business plan
Thursday, 17 May 2018 

May 17 (Reuters) - Telecom Italia CEO Amos Genish tells analysts on a post-results call: :SHIFT TO FULL-MONTH BILLING WILL BE MOSTLY FELT IN Q2.NOT WORRIED ABOUT CHANGES IN ITALIAN GOVERNMENT, BELIEVES ANY NEW GOVERNMENT WILL BE INTERESTED IN FAVOURING NETWORK INVESTMENTS.FEELS HAS FULL SUPPORT FROM NEW BOARD TO DELIVER 2018-20 BUSINESS PLAN.CHANGE TO FULL-MONTH BILLING WILL HAVE IMPACT OF ONLY "TENS OF MILLIONS OF EUROS OVER THE YEAR".EXPECTS NEGOTIATION PROCESS WITH REGULATOR ON PROPOSED SEPARATION OF NETWORK TO BE CONCLUDED BY YEAR-END.ASKED ABOUT STATE LENDER CDP'S PARALLEL INVESTMENT IN OPEN FIBER, SAYS SO FAR SEES NO CONFLICT OF INTEREST, CDP ONLY A FINANCIAL INVESTOR IN TIM.TOWERS UNIT INWIT IS STRATEGIC, BRAZIL UNIT ALSO STRATEGIC AND NOT FOR SALE.ANY CONSOLIDATION OPPORTUNITIES IN BRAZILIAN MARKET SHOULD BE ASSESSED CAREFULLY, UNIT LUCRATIVE ASSET ON A STANDALONE BASIS.NO CHANGES TO BUSINESS PLAN BEING DISCUSSED AT BOARD LEVEL.HAS OPEN MIND REGARDING POTENTIAL IPO OF FIXED LINE NETWORK, REITERATES COMPANY INSISTS ON KEEPING CONTROL.  Full Article

Tim, cassa integrazione per fronteggiare problema 2.800 esuberi - Genish
Thursday, 17 May 2018 

May 17 (Reuters) - Telecom Italia , AD Amos Genish in call con analisti::TELECOM ITALIA, CASSA INTEGRAZIONE PER FRONTEGGIARE PROBLEMA DI 2.800 ESUBERI - GENISH.  Full Article

Vivendi Appoints Yannick Bolloré Chairman Of Supervisory Board
Thursday, 19 Apr 2018 

April 19 (Reuters) - VIVENDI SA ::YANNICK BOLLORÉ APPOINTED CHAIRMAN OF THE SUPERVISORY BOARD.VIVENDI’S SUPERVISORY BOARD UNANIMOUSLY APPOINTED YANNICK BOLLORÉ AS CHAIRMAN, REPLACING VINCENT BOLLORÉ,.  Full Article

BRIEF-Vivendi CEO says Spotify is a strategic partner, intends to keep stake
Thursday, 19 Apr 2018 

Drops reiteration of source in headline:VIVENDI CEO DE PUYFONTAINE SAYS GROUP IS A STRATEGIC PARTNER OF SPOTIFY, INTENDS TO KEEP STAKE.VIVENDI COO STEPHANE ROUSSEL SAYS GROUP SEEKS TO ACQUIRE VIDEO GAMES ASSETS BUT HAS NO TARGET YET.VIVENDI CEO SAYS A DIVIDEND OF 50 CENTS PER SHARE COULD BE CONSIDERED AT THIS STAGE.  Full Article

Vivendi CEO says Spotify is a strategic partner, intends to keep stake-CEO
Thursday, 19 Apr 2018 

April 19 (Reuters) - Vivendi SA ::VIVENDI CEO DE PUYFONTAINE SAYS GROUP IS A STRATEGIC PARTNER OF SPOTIFY, INTENDS TO KEEP STAKE.VIVENDI COO STEPHANE ROUSSEL SAYS GROUP SEEKS TO ACQUIRE VIDEO GAMES ASSETS BUT HAS NO TARGET YET.VIVENDI CEO SAYS A DIVIDEND OF 50 CENTS PER SHARE COULD BE CONSIDERED AT THIS STAGE.  Full Article

Telecom Italia CEO says only asset that could be sold is Sparkle
Thursday, 19 Apr 2018 

April 19 (Reuters) - Telecom Italia CEO Amos Genish says in an interview in Italian daily Il Sole 24 Ore::ONLY ASSET GROUP COULD SELL IS SPARKLE, "ALL THE REST IS STRATEGIC FOR OUR BUSINESS".DIVIDEND POLICY CAN BE DISCUSSED ONLY WHEN THE BASE IS MORE SOLID.CONVERSION OF SAVINGS SHARES DEPENDS ON DEGREE TO WHICH SHAREHOLDERS ARE READY TO ACCEPT DILUTION.OPEN TO CONSOLIDATION OF NETWORK WITH OPEN FIBER BUT ENEL CEO SO FAR HAS NOT SHOWN INTEREST.HAS MET ELLIOTT FUND SEVERAL TIMES, AT MOMENT NO OTHER MEETINGS PLANNED.LARGE MAJORITY OF INVESTORS SUPPORT GROUP'S BUSINESS PLAN.IF COMPOSITION OF BOARD CHANGES AFTER AGM WILL NEED TO SEE IF NEW BOARD IS ALIGNED WITH AND HAS CONFIDENCE IN CEO.  Full Article

Telecom Italia publishes considerations on Elliott's plan, in light of 2018-2020 strategic plan
Wednesday, 18 Apr 2018 

April 17 (Reuters) - Telecom Italia ::PUBLISHED MANAGEMENT'S CONSIDERATIONS ON ELLIOTT'S PLAN, ALSO IN LIGHT OF 2018-2020 STRATEGIC PLAN.ELLIOTT PLAN BASED ON "SIGNIFICANT REDUCTION IN THE PERIMETER" OF COMPANY WHICH IS NOT CONSISTENT WITH THE MANAGEMENT PLAN.ENHANCED CASH GENERATION, SUPPORTED BY OPERATIONAL AND FINANCIAL DISCIPLINE, WILL LOWER GROUP NET DEBT/EBITDA RATIO BY END 2018.PREPARED PRESENTATION WITH OBJECTIVE OF PROVIDING INVESTORS WITH MANAGEMENT’S CONSIDERATIONS ON ELLIOTT ALTERNATIVE VALUE CREATION PLAN.IMPLEMENTATION OF THE MANAGEMENT PLAN IS WELL ON TRACK.ELLIOTT PLAN EVALUATED BY MANAGEMENT AND, WITH EXCEPTION OF EXPLORING POTENTIAL OPTIONS FOR SPARKLE, NOT BEEN INCLUDED IN MANAGEMENT PLAN.WILL CONSIDER PROPOSING REINSTATEMENT OF PROGRESSIVE ORDINARY DIVIDEND POLICY, ONCE CO ACHIEVES INVESTMENT GRADE RATING METRICS.  Full Article

Vivendi buys ticketing and technology firm Paylogic from LiveStyle
Monday, 16 Apr 2018 

April 16 (Reuters) - Vivendi SA ::* Vivendi says that See Tickets, its international ticketing services company, has acquired Paylogic, a ticketing and technology company headquartered in Amsterdam, from LiveStyle.* Acquisition of Paylogic, which sells over 5 million tickets in more than 10 countries, significantly expands See Tickets' global network, says Vivendi.* With businesses in the United Kingdom, France, the U.S, Spain, Germany, Belgium, and the Netherlands, this network, which now employs more than 500 people, expects to sell more than 20 million tickets a year for music, sporting and cultural events, to over 5,000 clients in over 30 countries.* See Tickets has also entered into long-term commercial agreement with LiveStyle and its subsidiaries to ticket its U.S. festivals and events .  Full Article

UPDATE 1-Vivendi shares face pressure as sales, UMG and Italy disappoint

* New clashes over Telecom Italia also looming (adds brokers comments, details)