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Business 24 May 2019 | 12:00 AM

Universal eyes bidder as buyout firms balk

LOS ANGELES: Vivendi SA is targeting strategic buyers for a stake in Universal Music Group as some private equity investors balk at the high price and slow pace of the deal, according to people familiar with the matter.

Business 16 Apr 2019 | 12:00 AM

Vivendi Q1 sales jump, company pushes on with UMG stake sale

PARIS: French media conglomerate Vivendi posts higher first-quarter revenue, saying it is forging ahead with the planned sale of up to 50% of its UMG music arm.

Business 12 Dec 2018 | 12:00 AM

Vivendi Eyes stake in Trump partner’s Indonesia TV arm

JAKARTA: Vivendi SA, the French conglomerate backed by billionaire Vincent Bollore, is competing with Argyle Street Management to invest in the television operations of Indonesia’s largest media company PT Global Mediacom, sources said.

Business 01 Aug 2018 | 12:00 AM

Vivendi ready to make US$15bil of sweet music

Billionaire Bollore prepared to sell 50% of the label

TECH 05 Jul 2018 | 5:13 AM

VW to launch carsharing with electric vehicles in 2019

Volkswagen plans to start offering car sharing services using fully electric vehicles in German cities next year as part of efforts to serve consumers who don't want to buy their own vehicles.