0
Internet

Vivendi receives four offers over EUR 6 bln for GVT - report

Thursday 29 November 2012 | 10:17 CET | News
Vivendi has received four non-binding offers over EUR 6 billion for Brazilian broadband operator GVT, people familiar with the matter told Reuters. The offers were submitted by Mexico's America Movil, US satellite group DirecTV, US cable group Liberty Global, and a consortium of private equity companies. The four bids are all lower than the EUR 7 billion that sources previously told the news agency Vivendi was aiming to raise from the sale. While Vivendi received more than four offers initially, it has reportedly kept four for the next round of bidding. Final bids are expected to be submitted by early January. One person said that Vivendi is confident of selling GVT in the first quarter, before its sells Maroc Telecom, and that it is considering two of the four bids for GVT as serious. The company is reportedly being advised by Deutsche Bank and Rothschild on the GVT sale.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours. Subscribe now.

Categories: Internet
Companies: America Movil / DirecTV / GVT / Liberty Global / Maroc Telecom / Vivendi
Countries: Brazil
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.






quarter of all smartphones are iPhones
Netherlands  |  2015 Q1

Calendar   /   Industry Events

04 Aug Otelco Q2 2015
04 Aug Earthlink Q2 2015
04 Aug Charter Communications Q2 2015
04 Aug Internap Q2 2015
04 Aug Sprint fiscal Q1
04 Aug Avaya fiscal Q3
04 Aug Bharti Airtel fiscal Q1
04 Aug Hutchison Telecom HK Q2 2015
04 Aug Evolving Systems Q2 2015
04 Aug Cable One Q2 2015
04 Aug Liberty Global Q2 2015
04 Aug Comptel Q2 2015
04 Aug TIM Brasil Q2 2015
05 Aug Aerohive Networks Q2 2015
05 Aug Sky Deutschland fiscal Q4
05 Aug Fairpoint Communications Q2 2015
05 Aug Mitel Q2 2015
05 Aug AVG Technologies Q2 2015
05 Aug Motorola Solutions Q2 2015
05 Aug Dish Network Q2 2015
05 Aug NTT fiscal Q1
05 Aug Interxion Q2 2015
05 Aug CenturyLink Q2 2015
06 Aug Arista Networks Q2 2015
06 Aug Windstream Q2 2015
06 Aug Kabel Deutschland fiscal Q1
06 Aug Freenet Q2 2015
06 Aug Deutsche Telekom Q2 2015
06 Aug Telecom Italia Q2 2015
06 Aug Cogent Q2 2015
::: More Calendar Items