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Vivendi’s music unit UMG worth more than $40 billion, CEO says

BARCELONA/LONDON (Reuters) – Vivendi’s Universal Music Group (UMG) could be worth more than $40 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 highl... More »

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s4.reutersmedia.net/resources/r/?m=02&d=20160812&t=2&i=1149400080&w=&fh=545px&fw=&ll=&pl=&sq=&r=LYNXNPEC7B0QYs4.reutersmedia.net/resources/r/?m=02&d=20160812&t=2&i=1149400080&w=&fh=545px&fw=&ll=&pl=&sq=&r=LYNXNPEC7B0QYBollore`s raider reputation rattles Berlusconis in battle of billionaires

File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV busi... More »

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Bollore’s raider reputation rattles Berlusconis in battle of…

File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – When French tycoon Vincent Bollore backed out of a deal to b... More »

France’s Vivendi says will not bid for Lagardere

PARIS (Reuters) – French media group Vivendi (VIV.PA), with cash to spend after selling a chunk of its business, has no plans to bid for smaller rival Lagardere (LAGA.PA). Earlier this week, a source familiar with the matter had told Reuters Vivendi had made a... More »

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U.S. hedge fund criticizes Vivendi over Bollore role

PARIS (Reuters) – U.S. hedge fund P. Schoenfeld Asset Management (PSAM) has accused French media group Vivendi of giving too much leeway to chairman and largest shareholder Vincent Bollore to boost his stake at “undervalued prices”. PSAM, which says it owns 0.... More »