PARIS/LONDON Orange's boss Stephane Richard told investors on Thursday he will stick with plans to invest heavily in upgrading networks rather than content as he bids for a third term to lead France's biggest telecoms operator.
(Removes reference to Hungryhouse in paragraph 6, which is being bought by Just Eat not Delivery Hero)
LONDON British digital bank Revolut has signed up a million customers across Europe since its launch in 2015 and is now targeting 10 million by 2020, its chief executive told Reuters.
LONDON/PARIS Telecoms and cable group Altice hopes to raise as much as 3 billion euros ($3.5 billion) from the sale of its Dominican Republic business as it seeks to reduce debt and improve its performance, two sources close to the matter said on Thursday.
LONDON Shares in ProSiebenSat.1 rose almost 4 percent on Monday on news that its chief executive would quit early after a series of missteps, rekindling hopes the German broadcaster could become an acquisition target.
BARCELONA/LONDON Vivendi's Universal Music Group (UMG) could be worth more than $40 billion (£30.3 billion), Chief Executive Arnaud de Puyfontaine said on Friday, helping to buoy shares in the French media group after third-quarter results in which UMG was a highlight.
LONDON British food delivery company Deliveroo has raised an additional $98 million (£74 million) from private investors, bringing its fundraising to almost $500 million just before launching in its 200th city in Cannes next week.
LONDON/PARIS Acquisitive French media conglomerate Vivendi missed analysts estimates in third-quarter earnings and ruled out a hostile takeover of Ubisoft for the next six months after the video games maker beat forecasts, pushing its shares to a record high.
FRANKFURT/LONDON Germany's ProSiebenSat.1 has attracted bids from private equity firms for a stake in its ecommerce portfolio as it seeks cash to finance a shift away from its television advertising business, sources close to the matter said.
FRANKFURT/LONDON, Nov 16 Germany's
ProSiebenSat.1 has attracted bids from private equity
firms for a stake in an ecommerce portfolio as it seeks cash to
finance the shift away from its television advertising business
and create a more broadly based digital powerhouse, sources
close to the matter said.