Vivendi builds war chest with BSkyB stake sale

By 2001-12-13T18:23:00

Vivendi Universal yesterday raised $1.5bn from the sale of a third of its stake in UK satellite broadcaster BSkyB. It appears to be amassing a warchest with which to build a TV production and distribution powerhouse. Last week it raised $1.07bn from the sale of some of its non-media ...

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