Canal Plus News
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Vivendi SA shares fell in Paris after first-quarter profit missed analysts’ estimates as a wireless price war started by Iliad SA entered its second year.
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Vivendi SA Chairman Jean-Rene Fourtou pledged a full strategy review to convince investors the telecommunications-to-media company can see through asset sales to refocus its business a year after first saying he’d do so.
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Vivendi SA, the French company seeking to reorganize its telecommunications-to-media structure, is targeting a completion of the sale of its Maroc Telecom SA stake by October, according to people familiar with the matter.
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Robert Kotick, president and chief executive officer of Activision Blizzard Inc., increased his compensation almost eightfold to $64.9 million last year, becoming one of the highest-paid CEOs in the U.S.
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Vivendi SA, the French media and telecommunications group that has put its 53 percent stake in Maroc Telecom SA on the block, attracted bids from two Middle Eastern carriers by today’s deadline.
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A year after Vivendi SA began considering a breakup under pressure from investors, Europe’s largest media and telecommunications conglomerate is almost back to where it began.
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Lagardere SCA is targeting the fourth quarter for an initial sale of its shares in pay-TV operator Canal Plus France and has hired banks to manage the transaction, said two people with direct knowledge of the plan.
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Japan’s worsening nuclear crisis sparked a selloff in global stock markets that’s damping demand for new equity, causing delays in initial public offerings for ISS A/S and Lagardere SCA’s Canal Plus France stake.
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Lagardere SCA is targeting the fourth quarter for an initial sale of its shares in pay-TV operator Canal Plus France and has hired banks to manage the transaction, said two people with direct knowledge of the plan.
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France’s initial public offerings market may rebound from a three-year slump, rekindling Cie. de Saint-Gobain SA and Lagardere SCA’s plans to sell shares in their units, bankers at the country’s largest lenders said.
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