- Vivendi (VIVHY) has received an approach from Amsterdam-listed Altice about an alliance between Vivendi's mobile unit SFR and Altice's cable firm Numericable.
- However, Vivendi hasn't yet received a formal offer.
- Reuters earlier reported that the the deal being discussed would value SFR at €15B ($20.6B) and give Vivendi a 30% holding in the combined entity. (PR)
Altice approaches Vivendi about tie-up between units
Feb 24 2014, 07:10 ET