FierceWirelessFierceWirelessEuropeFierceDeveloperFierceMobileContentFierceBroadbandWirelessFierceEnterpriseCommunicationsFierceIPTVFierceTelecomFierceOnlineVideoFierceCable

Vivendi Receives Approval for its Acquisition of Vodafone’s 44% stake in SFR

Tools

Posted June 10, 2011

PARIS--(BUSINESS WIRE)-- Regulatory News:

Vivendi announced that the European Commission has granted approval for its acquisition of Vodafone’s 44% stake in SFR on June 9. The transaction should be completed in the next few days.

About Vivendi
The best emotions, digitally
Vivendi is at the heart of the worlds of content, platforms and interactive networks.
Vivendi combines the world leader in video games (Activision Blizzard), the world leader in music (Universal Music Group), the French leader in alternative telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom Group), the leading alternative telecoms provider in Brazil (GVT) and the French leader in pay-TV (Canal+ Group).
In 2010, Vivendi achieved revenues of €28.9 billion and adjusted net income of €2.7 billion. With operations in 77 countries, the Group has over 51,300 employees.
www.vivendi.com

Important disclaimer
Disclaimer Forward Looking Statements. This press release contains forward-looking statements with respect to Vivendis financial condition, results of operations, business, strategy and plans. Although Vivendi believes that such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside our control, including but not limited to the risks regarding antitrust and regulatory approvals as well as the risks 2/2 described in the documents Vivendi has filed with the Autorité des Marchés Financiers (French securities regulator) and which are also available in English on our web site (www.vivendi.com). Investors and security holders may obtain a free copy of documents filed by Vivendi with the Autorité des Marchés Financiers at www.amf-france.org, or directly from Vivendi. The present forward-looking statements are made as of the date of this press release and Vivendi disclaims any intention or obligation to provide, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Unsponsored ADRs. Vivendi does not sponsor an American Depositary Receipt (ADR) facility in respect of its shares. Any ADR facility currently in existence is "unsponsored" and has no ties whatsoever to Vivendi. Vivendi disclaims any liability in respect of such facility.



CONTACT:

Vivendi
Media
Paris
Antoine Lefort, +33 (0) 1 71 71 11 80
Solange Maulini, +33 (0) 1 71 71 11 73
New York
Flavie Lemarchand-Wood, +(1) 212-572-1118
or
Investor Relations
Paris
Jean-Michel Bonamy, +33 (0) 1 71 71 12 04
Aurélia Cheval, +33 (0) 1 71 71 12 33
France Bentin, +33 (0) 1 71 71 30 45
New York
Eileen McLaughlin, +(1) 212-572-8961

KEYWORDS:   United States  Europe  North America  Canada  France  New York

INDUSTRY KEYWORDS:   Entertainment  Electronic Games  Music  Technology  Telecommunications  General Entertainment  Mobile Entertainment

MEDIA:

Logo
 Logo

More stories about Telecoms   European Commission   Vivendi   GVT