Vivendi and General Electric agreed to on NBC
The NBC drama could soon be over. The Wall Street Journal, the two groups would be heard on the recovery of 20% stake in French group NBC Universal. This would be valued at 5.8 billion dollars. Consequently Cap: title Vivendi opened sharply higher on the Paris Bourse, where the action took 2.87% to 19.74 euros at 9:30.
An agreement General Electric Comcast close
The source quoted by the New York newspaper, that outcome would be consecutive to meet Jean-Bernard Levy, Vivendi's boss, with Jeffrey Immelt, the strongman of General Electric in Paris last week. The talks stumbled earlier on the amount of participation. Vivendi wanted $ 6.1 billion, while GE did that gave 5.6 billion dollars.
The question of how the transaction also blocked, Vivendi wishing to be resolved immediately.This prevented the American group to sell the following Comcast's majority stake in NBC Universal. After such an agreement, Comcast would become 51% shareholder of the company.
For Vivendi, the new money is welcome. The group is expected to cover the cost of the recent acquisition of the Brazilian carrier GVT $ 4.2 billion.
The Brazilian GVT falls into the hands of Vivendi
The model Vivendi proves his strength to face the crisis