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Tue, Jul 31 2018

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Vivendi looks to cash in on music industry's rise from the ashes

PARIS French tycoon Vincent Bollore is looking to cash in on the music industry's revival with plans to sell up to half of Vivendi's iconic Universal Music division - an asset worth up 30 billion euros ($35 billion).

UPDATE 2-Vivendi looks to cash in on music industry's rise from the ashes

PARIS, July 31 French tycoon Vincent Bollore is looking to cash in on the music industry's revival with plans to sell up to half of Vivendi's iconic Universal Music division - an asset worth up 30 billion euros ($35 billion).

Vivendi shares surge after results and UMG stake sale plan

PARIS, July 31 Shares in French media conglomerate Vivendi rose sharply on Tuesday after Vivendi posted higher interim profits and said it was considering selling up to half of its UMG music division.

Vivendi considers selling half its UMG music 'jewel'

PARIS Vivendi is considering selling up to half of its UMG music division to one or several strategic partners, ending months of speculation about a potential stock market listing of the unit, whose value soared on booming streaming revenues.

Vivendi considers selling up to 50 percent of booming UMG music arm

PARIS Vivendi is considering selling up to 50 percent of its UMG music division to one or more strategic partners, ending months-long speculation about a potential stock market listing of the unit, which has been experiencing a boom in business.

Vivendi considers selling up to 50 pct of booming UMG music arm

PARIS, July 30 Vivendi is considering selling up to 50 percent of its UMG music division to one or more strategic partners, ending months-long speculation about a potential stock market listing of the unit, which has been experiencing a boom in business.

Vivendi weighing options over Telecom Italia

MILAN Telecom Italia's main shareholder Vivendi is very concerned about the situation at the Italian phone group since activist fund Elliott seized board control and is weighing its options, a spokesman for the French media company said.

UPDATE 2-Vivendi weighing options over Telecom Italia

MILAN, July 25 Telecom Italia's main shareholder Vivendi is very concerned about the situation at the Italian phone group since activist fund Elliott seized board control and is weighing its options, a spokesman for the French media company said.

Vivendi very concerned over Telecom Italia, weighing options - spokesman

MILAN, July 25 Telecom Italia's main shareholder Vivendi is very concerned about the situation at the Italian phone group since activist fund Elliott seized board control and is weighing its options, a spokesman for the French media giant said.

Universal Music Group to open Nigeria division

LAGOS Vivendi's Universal Music Group (UMG) will launch a new division in Nigeria as part of efforts by the world's largest music label to expand into Africa's most populous nation and the wider region.

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