Vivendi €1 billion acquisition of stake in Telecom Italia

29/6/2015
Public acquisition

€ 1 billion

$ 1.072 billion

Completed

29/6/2015


Overview:

  • Vivendi has acquired a further stake in Telecom Italia for €1 billion.
  • The investment takes the company's stake to 14.9%.
  • The deal is part of Vivendi's push into the Italian telecoms market and sees it takeover from Telefonica Brasil as the company's largest shareholder.

Sam Duke - Editor

Jurisdictions:

Brazil
France
Italy

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications


Firms:

Party: Vivendi (Acquirer)


Party: Vivendi (Acquirer)

Lawyer: Marcus Billam


Party: Vivendi (Acquirer)

Lawyer: Andrea Aiello


Party: Telefonica Brasil (Seller)

Lawyer: Adriana Pallis


Party: Vivendi (Acquirer)