Start page /

M&A

13 November, 2009

France's Vivendi buys 37.9 pct stake in Brazil GVT

SAO PAULO, Nov 13 (Reuters) - France's Vivendi (VIV.PA) said on Friday that it has bought 37.9 percent of Brazilian telecom company GVT (GVTT3.SA) and has irrevocable options to buy another 19.6 percent of the company.

Spain's Telefonica (TEF.MC) had also bid for the Brazilian company.

(Reporting by Guillermo Parra-Bernal; Writing by Luciana Lopez)

Source: http://www.reuters.com


France's Vivendi buys 37.9 pct stake in Brazil GVT Added: (13.11.2009)

Back to invest list