Discussions between French media giant Vivendi and Middle East firm Saudi Oger that were expected to result in an investment by Vivendi in Saudi Oger's Oger Telecom unit have ended without a deal. The two companies began discussions two month ago, and the effort looked to be the next step in Vivendi's plans to expand into new markets and add to some initial minor investments it has in the Middle East.
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- Forbes has this story from AFX News Limited