Vivendi Universal to sell US assets

28 Apr 2003

French media giant Vivendi Universal is continuing its EUR16 billion disposal programme by inviting indicative bids for a number of its US assets including film business Universal Studios. Potential bidders are expected to receive information packs in the next ten days outlining what is for sale at Vivendi Universal Entertainment, the joint venture company created last year following the EUR12.4 billion purchase of cable TV platform USA Networks.