Business Services Industry
News gets tough over Italian TV.
Australasian Business Intelligence, December, 2002
Sep 26, 2002 (The Australian Financial Review - ABIX via COMTEX)
Rupert Murdoch may be trying to secure a better deal from beleaguered Vivendi to take its Telepiu pay-TV business. Murdoch-controlled News Corporation has told the Australian Stock Exchange that, despite a statement by Vivendi to the contrary, News Corporation has not yet finalised its purchase of Telepiu. Vivendi's co-chief operating officer, Eric Licoys, had announced on 25 September 2002 that the Australian-listed company had agreed to buy Telepiu for EUR1 billion ($A1.8bn), which is a third less than News Corporation's EUR1.5bn offer in June 2002.
Publication Date: 27 September 2002
NEWS CORPORATION LIMITED - ASX NCP:
VIVENDI SA:
VIVENDI UNIVERSAL:
TELEPIU SPA:
STREAM...
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