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General

Telecom Italia talks to Vivendi on GVT counterbid - report

Friday 8 August 2014 | 08:55 CET | News
Telecom Italia has entered direct talks with Vivendi over possible cooperation in Brazil, according to multiple reports. The negotiations follow Telefonica's bid for Vivendi's Brazilian operator GVT, for which it offered a stake in Telecom Italia as partial payment. Telecom Italia is in talks with Vivendi on its own bid for GVT and aims to at least match Telefonica's offer, sources familiar with the situation told Reuters. The plan, which could be finalised over the next three weeks, would allow Vivendi to take a stake in Telecom Italia or in its unit TIM Brasil, which would be merged with

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Categories: General
Companies: Canal Plus / GVT / Mediaset / Telecom Italia / Telefonica / TIM Brasil / Vivendi
Countries: Brazil / Italy
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