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Vivendi SA (VIV.PA)

VIV.PA on Paris Stock Exchange

21.29EUR
14 Dec 2018
Change (% chg)

€-0.17 (-0.79%)
Prev Close
€21.46
Open
€21.38
Day's High
€21.49
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€21.16
Volume
2,786,573
Avg. Vol
3,416,971
52-wk High
€24.87
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€20.26

Latest Key Developments (Source: Significant Developments)

Moody's says Telecom Italia CEO change raises questions
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Rating agency Moody's says in report::TELECOM ITALIA CHANGING ITS CEO RAISES QUESTIONS AROUND MANAGEMENT CONTINUITY, CORPORATE GOVERNANCE AND THE EXECUTION OF LONG TERM STRATEGIC PLAN.CONCERNED ABOUT FRICTIONS CREATED IN TELECOM ITALIA'S BOARD, POSSIBLE VIVENDI REACTION.DOES NOT EXPECT DIVIDEND DISTRIBUTION FOR TELECOM ITALIA COMMON SHARES TO BE REINSTATED UNTIL GROUP ACHIEVES ITS DELEVERAGING PLAN.SEPARATION OF NETWORK IS LONG PROCESS WITH HIGH EXECUTION RISK FOR TELECOM ITALIA.THE PUBLICATION DOES NOT ANNOUNCE A CREDIT RATING ACTION.  Full Article

TIM Says Write-Downs At End-Sept Are Attributable To Measures Implemented By Amos Genish
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Telecom Italia ::SAYS WRITE-DOWNS AT END-SEPT ARE NOT ATTRIBUTABLE TO CO'S DISORGANISATION OR TO FAILURES IN NEW GOVERNANCE BUT TO MEASURES IMPLEMENTED BY AMOS GENISH.SAYS IT "WARNS SHAREHOLDER VIVENDI, WANSQUARE AND YES DE KERDREL TO CEASE MAKING FURTHER FALSE AND MISLEADING ANNOUNCEMENTS".SAYS IT RESERVES THE RIGHT TO TAKE FURTHER ACTION IF NECESSARY.  Full Article

Telecom Italia CEO Amos Genish To Leave
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Telecom Italia ::CEO AMOS GENISH TO LEAVE.NEW MEETING OF BOARD OF DIRECTORS WAS CONVENED FOR NOVEMBER 18, 2018 IN ORDER TO APPOINT A NEW CHIEF EXECUTIVE OFFICER.  Full Article

Vivendi fully supports TIM CEO and his business plan - spox
Sunday, 11 Nov 2018 

Nov 11 (Reuters) - A spokesman for France's Vivendi says::VIVENDI FULLY SUPPORTS TELECOM ITALIA CEO AMOS GENISH AND HIS BUSINESS PLAN .ELLIOTT IS TRYING TO SHIFT BLAME ON TELECOM ITALIA CEO AMOS GENISH FOR ITS OWN "UNFULFILLED PROMISES" AT ITALIAN PHONE GROUP.ASKED WHETHER VIVENDI WOULD CALL AN AGM AT TELECOM ITALIA TO PUSH FOR BOARD RESHUFFLE, REITERATES FRENCH GROUP WOULD DO "ANYTHING TO PROTECT ITS INTERESTS"..  Full Article

Telecom Italia CEO says Wind Tre towers not complementary to group footprint
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Telecom Italia CEO says::ACQUISITION OF TOWERS OF WIND TRE WOULD NOT BE COMPLEMENTARY TO GROUP'S FOOTPRINT.  Full Article

Telecom Italia CEO says group is "very long" on Brazil
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Telecom Italia CEO says::WOULD BE HAPPY WITH M&A IN BRAZIL TO COMPLEMENT ITS BUSINESS THERE, "WE ARE VERY LONG ON BRAZIL".COMPLEMENTARY SPECTRUM M&A IN BRAZIL IS KEY, FIXED INFRASTRUCTURE ALSO IMPORTANT BUT NO MAJOR TARGET THERE YET.BELIEVES COMPANY SHOULD CONTINUE PAST PRACTICES OF PAYING DIVIDEND ON SAVINGS SHARES BUT FINAL DECISION UP TO BOARD.AIMS FOR 5G LAUNCH IN SOME KEY CITIES IN Q3 2019.PLANS FOR LEGAL SEPARATION OF FIXED-LINE NETWORK MORE RELEVANT THAN EVER BUT PROJECT HAS BEEN SLOWED DOWN.  Full Article

Telecom Italia CEO says cooperation with Open Fiber would be positive
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Telecom Italia CEO says::COOPERATION WITH OPEN FIBER ON BROADBAND WOULD BE POSITIVE.INTERESTED IN BRAZIL'S NEXTEL BUT IN INITIAL PHASE.HOPES ALL BOARD MEMBERS, SHAREHOLDERS WILL BE SUPPORTIVE OF PROGRESS IN GOVERNANCE.IN LONG RUN HOPES FOR MORE COOPERATION WITH OPEN FIBER TO AVOID NETWORK DUPLICATION.  Full Article

Vincent Bollore holds over 26 pct Of Vivendi share capital - AMF
Monday, 29 Oct 2018 

Oct 29 (Reuters) - Vivendi /Bollore ::* Vincent Bollore holds just over 26 pct of Vivendi's share capital and over 28 pct of its voting rights, according to an AMF regulatory filing.  Full Article

TIM Chief Commercial Officer Scott Jovane Leaves The Company For Personal Motives
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Telecom Italia ::CHIEF COMMERCIAL OFFICER PIETRO SCOTT JOVANE WANTS TO END HIS CONTRACT EARLIER DUE TO PERSONAL MOTIVES.WITHIN THE NEW STRUCTURE, ALL COMMERCIAL ACTIVITIES REPORT DIRECTLY TO THE CEO, AMOS GENISH.PIETRO SCOTT JOVANE WILL NOT CARRY OUT ACTIVITIES IN COMPETITION WITH TIM’S BUSINESS FOR SPECIFIC PERIOD OF TIME.  Full Article

Vivendi CFO Expects Higher Revenues at Advertising Unit Havas in H2 Than in H1
Monday, 30 Jul 2018 

July 30 (Reuters) - Vivendi SA ::VIVENDI CFO SAYS GROUP TOOK A WRITE-DOWN OF 512 MILLION EUROS IN H1 TO REFLECT RISKS ASSOCIATED WITH TELECOM ITALIA'S INDUSTRIAL PLAN.VIVENDI SAYS PROCEEDS FROM SALE OF UMG'S STAKE TO BE USED FOR A SIGNIFICANT SHARE REPURCHASE PROGRAM AND A REDUCTION OF SHARE CAPITAL-PRESENTATION.VIVENDI CFO EXPECTS HIGHER REVENUES AT ITS ADVERTISING UNIT HAVAS IN H2 VERSUS H1.VIVENDI SAYS HAVAS'S H1 NET REVENUE FELL BY 2.9 PERCENT ON AN ORGANIC BASIS-PRESENTATION.VIVENDI HAS NO PLAN TO CHANGE CANAL PLUS' BUSINESS MODEL WHEN BROADCASTING RIGHTS FOR FRANCE'S SOCCER CHAMPIONSHIP ENDS IN TWO YEARS-CEO.  Full Article

UPDATE 2-Vivendi calls for the replacement of five of Telecom Italia's board members

PARIS/MILAN, Dec 14 French media giant Vivendi called on Friday for the replacement of five of Telecom Italia's board members put forward by U.S. activist fund Elliott, citing a "substantial lack of independence".