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Vivendi Snaps Up More Of France’s Canal+ As NBCU Price Talks Continue

Vivendi (EPA: VIV) may not be able be able to agree a price to offload its 20 percent stake in the NBCU JV — but at home, the French multimedia group has no doubts about plans to grow its domestic TV empire.

On Monday the company announced a deal to buy the 9.9 percent of shares in its French pay-TV operator Canal+ that are owned by rival TF1; the price: