Vivendi puts off GVT sale as bids do not meet hopes - report

Tuesday 26 February 2013 | 11:10 CET | News
France's Vivendi is delaying the sale of its Brazilian telecommunications unit GVT after failing to obtain bids close to its target price of EUR 7 billion, according to Les Echos, citing sources. The best offer, from US group DirecTV, values the operator at around EUR 5.8 billion.

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Categories: Fixed
Companies: GVT / Vivendi
Countries: Brazil
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