Vivendi has declared it now owns 80 per cent of Canal Plus France, after acquiring a 5.1 per cent stake in the television channel for E384.2 million from French broadcaster M6-Metropole Television. Vivendi confirmed it plans to buy out minority shareholders in Canal Plus France and that an expert evaluation is being carried out to determine whether an additional amount is due. The impact of this transaction had already been taken into account in Vivendi's debt, the company said.

Other posts by :

1. SES predicts end of ‘big’ Geo satellites
2. Amazon Leo gets approval for 4,504 extra satellites
3. SpaceX gets a portion of India
4. TerreStar wants to build LEO network
5. Musk: “No Starlink phone”
6. Russia accused of eavesdropping on satellites
7. FCC welcomes Musk’s 1m satellite plan
8. Telesat has problems with an LEO
9. Orbital debris a real danger 

Categories: Articles, Business, M&A