Vivendi break-up on the cards?

26 Apr 2012

Reports from France are suggesting that the media and communications conglomerate Vivendi could be broken up into two separate entities, with one unit handling the media, gaming and entertainment assets such as Universal Music Group and Activision Blizzard, while the other holds the telecoms and content distribution businesses, which include France’s largest alternative operator SFR and the Brazilian operator GVT. A report by Bloomberg, which cites sources ‘with knowledge of the matter’, says Vivendi’s internal review of a possible split is still at an early stage, though the plans are likely to be discussed by the board during an executive to be held in June.

France, Global Village Telecom (GVT), SFR, Vivendi