The CEO of Vivendi is set to step down over disagreements with the board of directors on strategy.
The above article speculates that this could mean some kind of spin off or asset sale of Vivendi’s assets. Here is my original article on Vivendi.
Check out some highlights below:
Vivendi (OTCPK:VIVHY) combines the world leader in video games (Activision Blizzard), the world leader in music (Universal Music Group), the French leader in alternative telecommunications (SFR), the Morrocan leader in telecoms (Maroc Telecom), the leading alternative broadband operator in Brazil (GVT), and the French leader in pay-TV (Canal+ Group). The previous information was taken from its website. I will get to further descriptions of the subsidiaries later.