Vivendi announced today that it has received two binding offers for a controlling stake in its SFR subsidiary.
These offers have been provided by Altice, Numericable’s parent company, and by the Bouygues group. They include financing commitments.
Vivendi’s Supervisory Board will now examine these offers. It will consider all options available regarding the future of its subsidiary and the group, in the best interests of employees and shareholders.
Vivendi groups together leaders in content, media and telecommunications. Canal+ Group is the French leader in pay-TV, also operating in French-speaking Africa, Poland and Vietnam; its subsidiary Studiocanal is a leading European player in production, acquisition, distribution and international film sales. Universal Music Group is the world leader in music. GVT is a telecoms and media/content distribution in Brazil. In addition, Vivendi owns SFR, a French leader in alternative telecoms.
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