DEALTALK-Vivendi seeks media future under Vincent Bollore

jueves 19 de junio de 2014 08:08 GYT
 

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* War chest of up to 10 bln euros after selling SFR

* Canal Plus, Universal Music face low-growth prospects

* To look at targets outside pay-TV and music - sources

* Bollore to take reins on June 24

By Leila Abboud, Pamela Barbaglia and Anjuli Davies

PARIS/LONDON, June 19 (Reuters) - If Vivendi was to draw up a personal ad to find its perfect partner it would read:

"Freshly divorced from telecoms, 160-year-old holding company seeks attractive media businesses to spark growth. Pitches welcome, contact major shareholder Vincent Bollore."

After selling three of its six businesses in the past year in a strategy overhaul, Vivendi, one of France's largest companies, has up to 10 billion euros ($13.6 billion) to remake itself depending on how much debt it is willing to take on.   Continuación...