Breakingviews

Vivendi has nine months to show investors its worth

December 7, 2009

The French conglomerate might not see any of the $5.8 billion it is making from the sale of its 20 percent stake in NBC Universal until September next year. Given its poor track record in creating shareholder value, Vivendi should use the time to convince investors that it deserves to keep the cash.

Vivendi takes the plunge in Brazil

November 16, 2009

Vivendi  is making a bold statement in emerging markets by paying a hefty $4.18 billion for Brazilian telecom GVT. If combined with the sale of its 20 percent stake of NBC Universal, the move could help shake off its persistent conglomerate discount.