Vivendi Launches


European entertainment and telecoms group Vivendi (EPA: VIV) had promised a “cautious approach” to acquisitions in H209 but, despite, that it’s launched a bid to buy GVT, the fastest-growing telco in Brazil. The Sao Paulo-listed holding company is owned by the Dutch Global Village Telecom group and the Swarth Group and at current share prices the deal is worth 5.4 billion Brazilian Real (

Comments are closed.