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Vivendi considers selling Brazilian unit GVT – report

Friday 20 July 2012 | 09:40 CET | News
Vivendi is considering selling its Brazilian telecom unit GVT, Reuters reports, citing unnamed sources familiar with the matter. According to the same sources, the GVT sale could be worth up to EUR 8.5 billion and comes after Vivendi's exploratory talks to offload video games unit Activision Blizzard found few takers at the price it sought. "A sale of GVT is no longer taboo and is now being considered internally," one of the sources said.

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Categories: Fixed
Companies: GVT / Vivendi
Countries: Brazil
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