Vivendi today completed the acquisition of Vodafone's 44% stake in SFR.
The Group has achieved its strategic objective to own 100% of SFR.
The amount of the transaction is €7,950 million. Additionally, SFR and
Vodafone are extending their commercial co-operation for a further three
This transaction is in line with the agreement announced on April the 4th,
2011 and has been completed within the requested deadline.
The best emotions, digitally
Vivendi is at the heart of the worlds of content, platforms and
Vivendi combines the world leader in video games (Activision
Blizzard), the world leader in music (Universal Music Group), the French
leader in alternative telecoms (SFR), the Moroccan leader in telecoms
(Maroc Telecom Group), the leading alternative telecoms provider in
Brazil (GVT) and the French leader in pay-TV (Canal+ Group).
In 2010, Vivendi achieved revenues of €28.9 billion and adjusted net
income of €2.7 billion. With operations in 77 countries, the Group has
over 51,300 employees.
Disclaimer Forward Looking Statements. This press release contains
forward-looking statements with respect to Vivendi’s financial
condition, results of operations, business, strategy and plans. Although
Vivendi believes that such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance. Actual results may differ materially from the
forward-looking statements as a result of a number of risks and
uncertainties, many of which are outside our control, including but not
limited to the risks regarding antitrust and regulatory approvals as
well as the risks 2/2 described in the documents Vivendi has filed with
the Autorité des Marchés Financiers (French securities regulator) and
which are also available in English on our web site (www.vivendi.com).
Investors and security holders may obtain a free copy of documents filed
by Vivendi with the Autorité des Marchés Financiers at www.amf-france.org,
or directly from Vivendi. The present forward-looking statements are
made as of the date of this press release and Vivendi disclaims any
intention or obligation to provide, update or revise any forward-looking
statements, whether as a result of new information, future events or
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