- Telefonica (NYSE:TEF) and Telecom Italia (NYSE:TI) have both launched new bids for Vivendi's (OTCPK:VIVHY) GVT, which will be examined by the latter's supervisory board today.
- Telefonica has raised its bid to €4.66B in cash and will offer Vivendi a 12% stake in Telefonica Brasil (NYSE:VIV), together totaling a value of €7.45B.
- Telecom Italia's offer represents a total enterprise value of €7B ($9.24B) and includes €1.7B in cash, a 16% stake in Telecom Italia and 15% of TIM Brasil.
- Previously: Telefonica discusses raising bid for Vivendi's GVT
From other sites
at CNBC.com (Dec 15, 2014)
at CNBC.com (Nov 28, 2014)
at CNBC.com (Nov 24, 2014)
at CNBC.com (Nov 11, 2014)
at CNBC.com (Nov 10, 2014)
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