Vivendi to acquire Brazil’s GVT

Vivendi SA, proprietor of French Republic’s mobile hustler SFR, will pass 2 billion EUR (about $2.9 billion) to acquire Brazilian Net and telecommunications company GVT SA. According to the French media and amusement company, GVT’s controlling shareholders, Swarth Group and Global Greenwich Village Telecom, have agreed to sell at least twenty of GVT to Vivendi for 42 reals ($22.9) a share. Once that is completed, Vivendi volition launch a public supply ship pass for the ease of GVT’s shares by the remainder of the year.

For the record, with yearbook sales growth of 31.1% between 2006 and 2008, GVT is Brazil’s fastest-ontogeny telecommunications service provider. GVT made gross sales in the fiscal class termination June 30 of about 1.5 one thousand million Brazilian reals ($800 1000000) and had about 2.3 million lines in service at the remainder of June…