Vivendi: Telefonica serait prêt à revoir son fils Offre sur GVT.
According to the Italian daily Il Messaggero, Telefonica would be determined to buy GVT, the Brazilian assets of Vivendi that is not officially for sale, but the group fra ..
According to the Italian daily Il Messaggero, Telefonica would be determined to buy GVT, the Brazilian assets of Vivendi that is not officially for sale, but the French group seeks to separate for months as part of its strategic change. The initial offer of 6.7 billion euros of Spanish operator (money payable 60% in cash and 40% in securities Vivo brand under which it operates in Brazil) was the country last week by Telecom Italia, the proposal would be according to the news agency Ansa scrutinized by Vincent Bolloré.
The Chairman of the Supervisory Board of Vivendi has many over from the other side of the Alps. As such, the Alpine group might have a head start on this.
Telefonica, however, seems way willing to give up and could revise its offer clearly upward. The operator and propose € 8 billion to acquire GVT.
"Vivendi has the advantage of not being in a hurry, what allow him to raise the stakes', noted last week Aurel BGC. What judge credibility to the hypothesis of new twists on this.
In exchange, the possible escalation of Telefonica does however hardly react, the Vivendi title slightly underperforming the market with a gain of about 0.7% to € 19.6.