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Vivendi SA (VIV.PA)

VIV.PA on Paris Stock Exchange

25.47EUR
16 Aug 2019
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€0.41 (+1.64%)
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Latest Key Developments (Source: Significant Developments)

Telecom Italia CEO says any Open Fiber deal should not jeopardise debt reduction plan
Friday, 2 Aug 2019 

Aug 2 (Reuters) - Telecom Italia CEO Luigi Gubitosi says during first half results conference call :A DEAL WITH OPEN FIBER IS NOT AN OBJECTIVE PER SE, WE WOULD NOT DO A DEAL THAT WOULD JEOPARDISE OUR DELEVERAGING PLAN.SAYS HAS UNANIMOUS SUPPORT OF BOARD IN OPEN FIBER NEGOTIATIONS.SAYS DEALS LIKE OPEN FIBER DEAL "TAKE SOME TIME TO MATERIALIZE".SAYS COMPANY IS AHEAD OF SCHEDULE ON DEBT REDUCTION, WE'RE ON THE RIGHT TRACK AND CAN DO BETTER.  Full Article

Vivendi Is Confident To Finalize Talks With Spotify Over Deal With UMG - CFO
Thursday, 25 Jul 2019 

July 25 (Reuters) - Vivendi SA ::VIVENDI SAYS IT REPURCHASED THE EQUIVALENT OF 5% OF ITS SHARE CAPITAL FROM MAY 28 TO JULY 23.VIVENDI SAYS BOARD DECIDED IN JUNE AND JULY TO CANCEL MORE ABOUT 95 MILLION SHARES, OR 7.23% OF THE SHARE CAPITAL.VIVENDI CURRENTLY DIRECTLY HOLDS 7.8 MILLION OF ITS OWN SHARES DIRECTLY, REPRESENTING 0.6% OF THE SHARE CAPITA.VIVENDI'S ADVERTISNG UNIT HAVAS GENERATED A 0.2% ORGANIC GROWTH IN H1.VIVENDI'S PAY-TV UNIT CANAL PLUS LOST 263,000 INDIVIDUAL SUBSCRIBERS IN FRANCE AT END OF JUNE FROM A YEAR AGO - PRESENTATION.VIVENDI CFO SAYS GROUP IS CONFIDENT TO FINALIZE TALKS WITH SPOTIFY OVER STREAMING DEAL WITH UNIVERSAL.VIVENDI EXPECTS PAY-TV UNIT CANAL PLUS TO IMPROVE PROFITABILITY IN 2019 EXCLUDING RESTRUCTURING CHARGES TIED TO JOB CUTS PLAN - CFO.ASKED ABOUT A POTENTIAL FULL SALE OF UNIVERSAL, VIVENDI CEO DE PUYFONTAINE SAYS: "WE CAN'T SPECULATE".VIVENDI CEO SAYS PROCEEDS FROM SALE OF STAKE IN UNIVERSAL COULD BE USED FOR SIGNIFICANT SHARE BUYBACK, BOLT-ON ACQUISITIONS.VIVENDI DOES NOT EXPECT ANY MATERIAL IMPACT ON UNIVERSAL FOLLOWING 2008 FIRE THAT DESTROYED SOME ARTISTS' ORIGINAL RECORDINGS - CEO.VIVENDI CEO SAYS HE SUPPORTS THE DIFFERENT INITIATIVES TAKEN BY THE CURRENT TELECOM ITALIA CEO.  Full Article

Mediaset Says A Request To Convene An Extraordinary Shareholders' Meeting Was Received From Vivendi
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Mediaset ::A REQUEST TO CONVENE AN EXTRAORDINARY SHAREHOLDERS' MEETING WAS RECEIVED FROM VIVENDI S.A..SAYS BOARD OF DIRECTORS WILL DULY CONSIDER THE REQUEST FROM VIVENDI WITH A VIEW TO TAKING THE RELEVANT DECISIONS.VIVENDI URGES MEDIASET TO CONVENE WITHOUT DELAY NEW EXTRAORDINARY MEETING TO REVOKE RESOLUTIONS MADE AT EXTRAORDINARY MEETING OF 18 APRIL 2019.  Full Article

Telecom Italia CEO Says Hopes To Give More Color on Possible Tie-Up with Open Fiber In Q2
Tuesday, 21 May 2019 

May 21 (Reuters) - Telecom Italia SpA CEO Luigi Gubitosi tells analysts on a post-results conference call::TELECOM ITALIA CEO SAYS GROUP HAS ACCEPTED BINDING OFFER FOR PERSIDERA UNIT.TELECOM ITALIA CEO SAYS COMPLETED INDUSTRIAL ASSESSMENT ON OPEN FIBER TIE UP.TELECOM ITALIA CEO SAYS TIM'S BOARD IS UNITED ON OPEN FIBER, EXPECTS BOARD TO EXAMINE OPTIONS BY THE SUMMER AND THEN MOVE FORWARD.TELECOM ITALIA CEO SAYS BUILDING OVERLAPPING NETWORKS ALONGSIDE OPEN FIBER DOES NOT MAKE SENSE.TELECOM ITALIA CEO SAYS A STANDALONE OPEN FIBER MAKES LIMITED SENSE, TIE-UP WITH TIM WOULD BE MAJOR OPTIMISATION IN CAPEX.TELECOM ITALIA CEO SAYS TO DISCUSS ASSUMPTION AND VALUATION OVER TIE-UP WITH OPEN FIBER WITH SHAREHOLDERS, HOPES TO GIVE MORE COLOR IN Q2.  Full Article

Mediaset could take up new financing for up 1 bln euros to use in potential M&A
Tuesday, 14 May 2019 

May 14 (Reuters) - Mediaset SpA Chief Financial Officer Marco Giordani tells analysts on a post-results conference call::MEDIASET EXEC SAYS COMPANY WILL DISTRIBUTE DIVIDEND IF THERE ARE NO DEVELOPMENTS ON M&A BY JULY 25.MEDIASET EXEC SAYS SEES FY 2019 DEBT BELOW 800 MILLION EUROS.MEDIASET EXEC SAYS GROUP COULD TAKE UP NEW FINANCING FOR UP TO 1 BILLION EUROS TO USE IN POTENTIAL ACQUISITIONS.  Full Article

Italy's Mediaset Q1 Net Revenue Down At EUR 718.2 Mln
Tuesday, 14 May 2019 

May 14 (Reuters) - Italy's Mediaset ::SAYS Q1 NET REVENUE AT EUR 718.2 MILLION VERSUS EUR 839.2 MILLION YEAR AGO.SAYS Q1 NET PROFIT EUR 39.8 MILLION VERSUS EUR 3.5 MILLION YEAR AGO.THE TREND IN ADVERTISING SALES IN ITALY IN THE SECOND QUARTER, ON A COMPARABLE BASIS ARE EXPECTED TO REMAIN IN LINE WITH THOSE OF THE FIRST QUARTER.SAYS Q1 EBIT EUR 78.5 MILLION VERSUS EUR 28.7 MILLION YEAR AGO.SEES IN Q2 STRENGTHENING OF GROWTH TREND IN MARGINS AND CASH FLOW COMPARED WITH 2018 ON COMPARABLE BASIS.  Full Article

Altice Europe Expects Group Net Debt to Reduce "Significantly" in 2019 - CEO
Thursday, 11 Apr 2019 

April 11 (Reuters) - Altice Europe NV ::ALTICE EUROPE CEO SAYS HE EXPECTS GROUP NET DEBT TO REDUCE "SIGNIFICANTLY" IN 2019.ALTICE EUROPE CEO SAYS FRENCH UNIT WILL "FOR SURE" BROADCAST THE COUNTRY'S NATIONAL SOCCER CHAMPIONSHIP, WHOSE RIGHTS ARE OWNED BY MEDIAPRO.ALTICE EUROPE CEO SAYS FRENCH UNIT HAS THE FINANCIAL CAPACITY TO DISTRIBUTE NEXT YEAR THE BRITISH PREMIER LEAGUE, WHOSE RIGHTS ARE OWNED BY VIVENDI'S CANAL PLUS.  Full Article

Fitch cuts Telecom Italia's debt rating to 'BB+'
Monday, 8 Apr 2019 

April 8 (Reuters) - Telecom Italia::FITCH DOWNGRADES RATING TO 'BB+' OUTLOOK STABLE.FITCH SAYS DOWNGRADE REFLECTS BREACH OF OUR FUNDS FROM OPERATIONS (FFO)-ADJUSTED NET LEVERAGE THRESHOLD FOR A 'BBB-' RATING.BREACH PRIMARILY DRIVEN BY SPECTRUM COSTS AND LOWER-THAN-EXPECTED FREE CASH FLOW GENERATION.TELECOM ITALIA'S FUNDS FROM OPERATIONS IN 2018 AROUND 10 PERCENT LOWER THAN EXPECTED.COMPETITIVE PRESSURES ON EBITDA, RESTRUCTURING COSTS AND NEGATIVE WORKING CAPITAL REQUIREMENTS LIKELY TO CONSTRAIN TELECOM ITALIA'S DELEVERAGING CAPACITY IN NEXT 2-3 YRS.  Full Article

Vivendi Calls For Independent Board After Telecom Italia Audit Report
Monday, 11 Mar 2019 

March 11 (Reuters) - VIVENDI SA ::SAID ON FRIDAY IT IS EXTREMELY CONCERNED ABOUT THE OUTCOME OF THE TELECOM ITALIA <<>> STATUTORY AUDITORS REPORT CONFIRMING SERIOUS IRREGULARITIES TO GOVERNANCE OF COMPANY .REPORT REVEALS CHAIRMAN OF TIM BOARD VIOLATED CORPORATE LAWS AS WELL AS BASIC GOVERNANCE RULES .REPORT CONFIRMS EXISTENCE OF A "SHADOW BOARD OF DIRECTORS" COMPRISED OF ONLY ELLIOTT-NOMINATED BOARD MEMBERS.REPORT SAYS "SHADOW BOARD OF DIRECTORS" WAS ASSISTED FOR THE OCCASION BY LEGAL ADVISORS HAVING PREVIOUS ADVISED ELLIOTT.CO SAYS THE FACTS DESCRIBED IN THE REPORT SHOW A DISSEMINATION OF PRIVILEGED INFORMATION TO THIRD PARTIES PRIOR TO A BOARD MEETING.CO CONFIRMS BELIEF THAT TIM SHAREHOLDERS MUST PUT IN PLACE A TRULY INDEPENDENT BOARD AT MARCH 29 MEETING.  Full Article

Elliott Associates - Believe Securities Of Telecom Italia Are Undervalued, Represent Attractive Investment Opportunity
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Elliott Associates: :ELLIOTT ASSOCIATES - BELIEVE THE SECURITIES OF TELECOM ITALIA ARE UNDERVALUED AND REPRESENT AN ATTRACTIVE INVESTMENT OPPORTUNITY - SEC FILING.ELLIOTT HAS INCREASED STAKE IN TELECOM ITALIA TO 9.4 PERCENT FROM 8.8 PERCENT - SEC FILING.ELLIOTT ASSOCIATES-AS OF JAN 30, 2019 ELLIOTT, ELLIOTT INTERNATIONAL,EICA HAVE BENEFICIAL OWNERSHIP OF ABOUT 9.4% OF TELECOM ITALIA'S ORDINARY SHARES.ELLIOTT ASSOCIATES-HAVE INCREASED THEIR BENEFICIAL OWNERSHIP OF TELECOM ITALIA FROM THEIR LAST REPORTED 13D FILING ON APRIL 9, 2018 FROM 8.8% TO 9.4%.  Full Article

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China's Tencent talking to Vivendi about stake in Lady Gaga's label

PARIS/BEIJING China's Tencent Holdings Ltd is in talks to buy up to 20% of Universal Music Group (UMG) from Vivendi SA , valuing the music label of Lady Gaga, Ariana Grande and the Beatles at around 30 billion euros ($34 billion), as both firms look to expand in a recovering global music market. | Video