Vivendi (VIVHY.PK) may try to sell its 60% stake in Activision (ATVI +2.2%) back to the company...

|About: Vivendi SA ADR (VIVHY)|By:, SA News Editor

Vivendi (VIVHY.PK) may try to sell its 60% stake in Activision (ATVI +2.2%) back to the company after having failed to find a buyer, Bloomberg reports. But there are doubts such a move is feasible, particularly since Activision would probably have to borrow at least $5B to make it happen. Vivendi is also said to have hired bankers to evaluate options for Brazilian carrier GVT, as the conglomerate tries to reduce its telecom exposure. (earlier)