Vivendi
Universal announced that it is collecting €1,856 million today, the proceeds
from the disposal of half of its stake (20.4% out of 40.8%) in Vivendi Environnement,
at a nominal value of €22.5 per share. The disposal is accompanied with
a call option on the remaining stake at €26.50.
On Monday
December 23, Vivendi Universal also received $1,066 million for the sale back
to Echostar of its entire 10.7% stake in the North American satellite operator.