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15.10.25 - 08:54
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Will Russian-US Tensions Likely Spiral Out Of Control If Ukraine Obtains Tomahawk Missiles? (ZeroHedge)
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Will Russian-US Tensions Likely Spiral Out Of Control If Ukraine Obtains Tomahawk Missiles?
Authored by Andrew Korybko via Substack,
The precedent set by Russia's restrained response to Ukraine obtaining the F-16s, which could also be nuclear-equipped, suggests that tensions with the US will remain manageable if Ukraine obtains the Tomahawks too due to the modus vivendi that's arguably been in place for managing them.
The latest talk about the US transferring longer-range Tomahawk cruise missiles to Ukraine, which Putin said earlier this month could only be used with US military personnel's direct involvement, has prompted concerns about a potentially uncontrollable escalation spiral. Russian Deputy Foreign Minister Sergey Ryabkov assessed that such a development would lead to “a significant change in the situation” but nonetheless reaffirmed that it wouldn't prevent Russia from achieving its goals in the special operation.
Ukraine's explicitly stated goal in obtaining these...
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28.04.25 - 15:15
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Vivendi: the 2025 Annual General Shareholders′ Meeting Approves All Resolutions (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
The Combined Annual General Meeting (AGM) of Vivendi (Paris:VIV) shareholders was held today at L'Olympia in Paris under the chairmanship of Yannick Bolloré, with a quorum of 70.71% of shareholders present or represented.
The shareholders approved all 27 resolutions presented to the AGM on an ordinary and extraordinary (requiring a two-thirds majority) basis.
The Supervisory Board now has nine members, including five women and four men, out of which six are independent. This evolution results from the ratification by the AGM of the co-optation, on March 6, 2025, of Laure Delahousse and Philippe Labro as members of the Supervisory Board, replacing Cyrille Bolloré and Sébastien Bolloré. The two new members bring their expertise, particularly in regulatory and asset management matters for the first, and in media and content for the second. (See biographies in the appendix.)
The AGM also renewed the term of office of Sandrine Le Bihan as a member of the Supervisor...
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28.04.25 - 08:36
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Vivendi: Significant Decrease in the Financial Net Debt in the First Quarter of 2025 (Business Wire)
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Revenues1 were €69.4 million for the first quarter of 2025, stable compared to the first quarter of 2024, mainly due to Gameloft's revenues (+0.3% at constant currency and perimeter).
Net asset value (NAV) was €5.2 billion as of March 31, 2025, an increase of 7.8% compared to December 31, 2024.
Financial net debt, adjusted for the loan to Lagardère, was €1,660 million as of March 31, 2025 (before receipt of €684 million following the sale of 15% of TIM ordinary shares2 to Poste Italiane), compared to €2,072 million as of December 31, 2024.
PARIS--(BUSINESS WIRE)--Regulatory News:
Yannick Bolloré, Chairman of Vivendi's (Paris:VIV) Supervisory Board, and Arnaud de Puyfontaine, Chief Executive Officer, said:
“2025 represents a new chapter in Vivendi's history and a year of reinvention after having split the Group in December of last year.
During the first quarter of 2025, as part of the dynamic management of its equity interests, Vivendi decided to focus on the content, media and entertainme...
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27.04.25 - 21:33
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XETR: DIVIDEND/INTEREST INFORMATION - 29.04.2025 - FR0000127771 (XETRA)
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Das Instrument VVU FR0000127771 VIVENDI SE INH. EO 0,55 EQUITY wird cum Dividende/Zinsen gehandelt am 28.04.2025 und ex Dividende/Zinsen am 29.04.2025
The instrument VVU FR0000127771 VIVENDI SE INH. EO 0,55 EQUITY has its pre-dividend/interest day on 28.04.2025 and its ex-dividend/interest day on 29.04.2025...
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09.04.25 - 08:36
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Selwood Asset Management Statement on Canal+ and Hachette (Business Wire)
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LONDON--(BUSINESS WIRE)--Karim Moussalem, CIO Equities at Selwood Asset Management, has written to investors about the substantial discount to fair value in the share prices of Canal+ SA (CAN) and Louis Hachette Group SA (ALHG) versus peers in the European listed media/communications sector.
Selwood, which has an interest of over 0.5% in each company, has issued the following statement from Mr. Moussalem today:
“In a nutshell, the purpose of splitting Vivendi SA (VIV) into separate companies was to create substantial shareholder value. Yet, so far, the common thing missing from both Louis Hachette Group SA (ALHG) and Canal+ SA (CAN) is the boards' issuance of transparent communication to the market on clear targets and KPIs. This is why we believe that the valuation discount has only widened and that the sell-off in Canal+ and Hachette shares leaves 100% upside in the stock price of each company on a medium-term basis.”
“In addition to the massive discount to fair value, there is also the catalyst ...
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29.03.25 - 19:24
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Vivendi Signs an Agreement With Poste Italiane for the Sale of TIM Shares (Business Wire)
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PARIS--(BUSINESS WIRE)--Regulatory News:
Vivendi (Paris:VIV) announced today that it signed an agreement with Poste Italiane for the sale of 15.00% of TIM's ordinary shares and voting rights at a price of €0.2975 per share for a total consideration of €684 million. Upon completion of this transaction, which will occur shortly after its notification to the Italian competition authority, Vivendi will keep a minority interest representing 2.51% of ordinary shares and voting rights of the Italian telecoms operator, and 1.80% of its share capital.
Vivendi indicated on several occasions its intention to sell its shareholding in TIM in good financial conditions. It has crossed downwards the 20% threshold of TIM's ordinary shares and voting rights on March 18, 2025, resulting from sales of shares on the market. At the close of trading on March 25, 2025, Vivendi owned 17.51% of the ordinary shares and voting rights of TIM and 12.56% of its share capital.
Important disclaimers
This press release contains info...
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