Home › Vivendi to redistribute EUR 5 bln from SFR sale
 

Keywords :   


Vivendi to redistribute EUR 5 bln from SFR sale

2014-04-25 08:57:00| Telecompaper Headlines

(Telecompaper) Vivendi announced that it will have about EUR 5 billion of cash after the sale of French operator SFR to Altice/Numeriable and will initially redistribute EUR 3.5 billion to its shareholders in the form of dividends and/or share buy-backs. Chairman and CEO Jean Fourtou also confirmed that he would step down at the AGM of 24 June to be succeeded by Vincen Bollore.

Tags: sale eur sfr vivendi

Category:Telecommunications

Latest from this category

All news
»
08.07Tropical Storm Beryl Forecast Discussion Number 40
08.07Tropical Storm Beryl Wind Speed Probabilities Number 40
08.07Tropical Storm Beryl Public Advisory Number 40
08.07Tropical Storm Beryl Forecast Advisory Number 40
08.07Korozo Group names James Diprose sales director
08.07Hurricane Beryl Update Statement
08.07Summary for Hurricane Beryl (AT2/AL022024)
08.07Great concern over Tata, says Starmer on Wales visit
More »