Vivendi today is a group focused on media and content creation.
Its refocus is the result of a Supervisory Board decision following a strategic review of all its assets in 2012.
- Vivendi signed the definitive agreement with Etisalat in November 2013 for the sale of its 53% shareholding in Maroc Telecom, a transaction closed in May 2014.
- Vivendi selected the Altice/Numericable offer for a combination with SFR in April 2014; the SFR sale was completed on November 27. On February 27, 2015, the Supervisory Board decided to accept the offer presented by Numericable-SFR and Altice to purchase Vivendi’s 20% interest in the telecommunications operator – a transaction completed on May 6, 2015.
- In September 2014, Vivendi signed the definitive agreement with Telefonica concerning the acquisition of its Brazilian subsidiary GVT; the transaction was finalized on May 29, 2015. On June 24, 2015, Vivendi became Telecom Italia’s largest shareholder, replacing Telefonica. Furthermore, the Group totally disposed of Telefonica Brasil, of which he held a 7.5% of the share capital as a result of the GVT sale agreement, at the end of July 2015, and took a 0.95% stake in Telefonica.
- Furthermore, the sale of over 85% of Vivendi’s stake in Activision Blizzard was completed in October 2013.
At the same time, Vivendi strengthened its positions in media and content.
- Vivendi and Universal Music Group acquired EMI Recorded Music in September 2012.
- Canal+ Group acquired the Direct 8 and Direct Star free-to-air channels in France owned by the Bolloré group in exchange for Vivendi shares, a transaction also completed in September 2012. The channels were renamed D8 and D17.
- In November 2013, Vivendi acquired from the Lagardère group the 20% interest it did not yet own in Canal+ France, a transaction jointly announced by the two companies.
- Canal+ Group and ITI Group completed the sale of their controlling interest in TVN on July 1, 2015. This transaction allows Canal+ Group to refocus its strategy around pay-TV in Poland through nc+, the country’s leading premium pay-TV.
Last but not least, Vivendi finalized the acquisition of 80% of Dailymotion, one of the biggest aggregation and distribution platforms in the world on June 30, 2015. It acquired an additional 10% on July 30, 2015.