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SEP 19, 2014 - TheStreet

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Telefonica to Pay $9.3B For Vivendi's Brazilian Telecom GVT

PARIS (The Deal) -- France's Vivendi has agreed to sell Brazilian telecommunications unit GVT to Telefonica for about 7.24 billion euros ($9.3 billion) in cash and stock, striking a final deal in a two-year disposal program that has taken in more than $40 billion and transformed the former telecommunications giant into a media company. Spain's Telefonica will pay 4.66 million ...

Tags: Telefonica to Pay $9.3B For Vivendi's Brazilian Telecom GVT,  Sfr Latest News