{http://bit.ly/1630kyP} Google Translation {http://bit.ly/1cA6pdl} Original in French
Vivendi is working four banks on its demerger proposal announced in September, which should lead to the listing of SFR Exchange. Societe Generale and Citigroup would direct the process, learned Agefi corroborating sources, while BNP Paribas and Bank of America Merrill Lynch also plancheraient on the issue. Several schemes are under consideration.Vivendi agreed early September the principle of separation between telecom group activities (SFR), on one side, and media / content activity (Canal Plus, Universal Music, but the Brazilian GVT) on the other. The idea is to realize the spin-off around June 2014. Vivendi does not comment.