Vivendi offers EUR2B for Brazil's GVT - Mobile World Live

Vivendi offers EUR2B for Brazil’s GVT

19 OCT 2009

Vivendi, the French communications and entertainment group, has set out to establish a foothold in the fast-growing Latin American market by launching a EUR2 billion takeover bid for GVT, a Brazilian telecoms provider. According to the Financial Times, GVT is a fast-growing and highly-profitable provider of fixed-line and broadband services, with a market share in both of about 5 percent 

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