Arab Today, arab today vivendi in talks to sell maroc telecom stake
Last Updated : GMT 10:13:54
Arab Today, arab today
Arab Today, arab today

Moroccan company ready to work with UAE's Etisalat

Vivendi in talks to sell Maroc Telecom stake

Arab Today, arab today

Arab Today, arab today Vivendi in talks to sell Maroc Telecom stake

Vivendi is selling off its telecom holdings to focus on media activities
Casablanca - Youssef Abdel Latif

Vivendi is selling off its telecom holdings to focus on media activities French conglomerate Vivendi said on Tuesday it was in exclusive talks with the UAE\'s telecom operator, Etisalat, to sell a 53 percent stake in Morocco\'s operator Maroc Telecom.
A source close to the negotiations told Arab Today that both parties are close to finalising their agreement, after ?the French company saw off competition from France Telecom, and Moroccan ?pressure to support the UAE in closing the deal.?
An official from Maroc Telecom told Arab Today that the Moroccan company is ready to deal ?with its new partner.
Maroc is still awaiting the UAE\'s response to its offer to take six percent of Vivendi’s ?shares.?
The Moroccan state owns 30 percent of the French share, and is counting on increasing its ownership in ?Vivendi’s share in order to reduce the UAE percentage to 48 percent.?
An official from Morocco\'s biggest institutional fund Caisse de Depot et de Gestion (CDG) ?said that Morocco started negotiations with Etisalat to take six or seven percent of Vivendi’s share, ?which amounts to 53 percent.?
The law allows the Moroccan kingdom to participate in choosing the group which intends to buy ?Vivendi’s share in Maroc Telecom.?
The sale is thought to be part of a bigger strategy by Vivendi to sell-off its telecom holdings to better focus on media activities, dominated by its Universal Music unit, the world\'s biggest music group.
Last week, the Financial Times reported that Vivendi had rejected an $8.5 billion offer by Japan\'s SoftBank for Universal Music.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vivendi in talks to sell maroc telecom stake Arab Today, arab today vivendi in talks to sell maroc telecom stake

 



Arab Today, arab today
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Zainab al-Maliki reveals herTV presenter models

GMT 18:12 2017 Friday ,24 February

Zainab al-Maliki reveals herTV presenter models

GMT 10:57 2017 Thursday ,23 February

Chief executive out at Paramount Pictures

GMT 07:26 2017 Thursday ,23 February

A peek inside Qatar's 'gas capital of the world'

GMT 11:26 2017 Wednesday ,22 February

Dutch corporate takeover defences tough to breach

GMT 11:14 2017 Wednesday ,22 February

Lloyds Banking Group posts surging profits

GMT 10:01 2017 Tuesday ,21 February

Egypt pound rebounds from flotation slide

GMT 09:57 2017 Tuesday ,21 February

Greece agrees to bailout reforms compromise

GMT 09:55 2017 Monday ,20 February

Thailand 2016 growth up but below junta target
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday