Rome has another go at Vivendi
Italian lawmakers are preparing the ground for another probe into Vivendi’s status as a shareholder of both TIM and Mediaset.
Telecoms.com
Vivendi
It’s déjà vu all over again as Vivendi suffers another Italian defeat
Italian Media company Mediaset wants to merge its Italian and Spanish businesses, something that significant shareholder Vivendi opposes.
With Vivendi subdued, TIM Chairman Conti calls it a day
Fulvio Conti, who was appointed as Chairman of Italian telecoms group TIM after Vivendi lost control of its board, thinks his work there is done.
Vivendi hopes to raise €3 billion by flogging 10% of Universal Music to Tencent
French media giant Vivendi seems to be a bit short of cash, so it’s thinking of selling 10% of Universal Music to Tencent for three billion euros.
Vivendi media mission continues rolling through Europe
Vivendi-subsidiary Canal Plus has announced the €1 billion acquisition of pay-TV operator M7, expanding the business into seven new European markets.
Vivendi conditionally concedes defeat in TIM board battle
French conglomerate Vivendi withdrew its bid to replace five TIM board members at the 11th hour but doesn’t seem happy about it.
Vivendi denounces TIM board
The emotional level of the custody battle for TIM has reached a new pitch, with Vivendi starting to lose its composure.
TIM board slaps down Vivendi moans
It took the TIM board a few days to respond to a bunch of accusations thrown at it by Vivendi, but the result was pretty comprehensive.
The custody battle for TIM between Vivendi and Elliott gets personal
Vivendi says a recent TIM auditors report shows dodgy behaviour from Elliott, which in turn reckons Vivendi is a negative influence on the company.
Elliott strengthens its position at TIM
Vivendi wants Italian operator TIM to have a special meeting to choose new board members, but its auditors don’t agree.
As expected TIM delays shareholder meeting and Vivendi moans
The TIM board met today to discuss Vivendi’s request for a shareholder meeting and decided it can wait until the end of March.
Vivendi war with Elliott over TIM set to escalate
Ahead of a TIM board meeting today Vivendi and TIM Chairman Fulvio Conti have been publicly bitching at each other.
Vivendi doesn’t think the TIM board is independent enough – hmm
As promised Vivendi has written to the board of Italian operator group TIM in a bid to replace Elliott-nominated members with its own proposed ones.
Vivendi inevitably tries to get rid of some Elliott directors
It was just a matter time before Vivendi reacted to its man being sacked as CEO of TIM and replaced by an Elliott ally.
Genish and Elliott embark on inevitable war of words
The only surprising thing about ousted TIM CEO Genish publicly attacking Elliott was that it took so long.
The two favourites for TIM CEO job revealed – source
A source close to Vivendi has revealed the names of the two people they think are most likely to get the TIM CEO job vacated this week by Amos Genish.
Telecom Italia kicks out CEO Amos Genish
In one of the least surprising board room purges ever, Telecom Italia (or TIM for short) has got rid of its CEO Amos Genish.
Elliott slaps Vivendi down over TIM rant
Activist investor Elliott Advisors has hit back following criticism of TIM by French conglomerate Vivendi.
Vivendi inevitably moans about TIM now that it’s not running it
French telecoms and media conglomerate Vivendi has issued a statement saying how rubbish Italian operator group TIM has been since Vivendi lost control of the boardroom.
TIM moves to limit damage from inevitable clash between CEO and board
TIM CEO Amos Genish has been moaning about his executive board, which has prompted the inevitable damage limitation exercise.
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