Universal parent Vivendi will go ahead with plans to separate its media and telecom groups.
Vivendi and its telco arm SFR will split into two companies in a “demerger”, a move that will be central to its annual shareholder meeting in June next year.
“In this way, Vivendi aims to become an international media group, bringing together strong brands in the production and distribution of original content,” said a statement from the company. “This group would fully respond to the ...
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