Not so fast: valuation issue could put brake on Italy's broadband plans [Reuters (UK)]
VIVENDI SE UNSP/ADR (VIVHY)
NASDAQ:AMEX Investor Relations:
vivendi.com/en/investment-analysts
Company Research
Source: Reuters
Not so fast: valuation issue could put brake on Italy's broadband plans - Reuters 4 Min Read MILAN (Reuters) - Italy’s plans to create a unified broadband network are making only slow progress and risk being complicated by differences between the two state-controlled owners of Open Fiber over how much the infrastructure group is worth, sources said. Rome is pushing for the creation of a single ultrafast telecom network through a merger of Open Fiber with former monopoly Telecom Italia (TIM) to avoid duplicating investments. But sovereign wealth fund Cassa Depositi e Prestiti (CDP) and state-controlled utility Enel are not yet on the same page over the price tag to apply to their joint Open Fiber venture. “They’re miles apart on valuation and if they can’t agree that there’s no way they’ll find a deal with TIM,” one of the sources said. TIM, whose biggest shareholder is France’s Vivendi, signed a non-disclosure agreement with CDP and Enel in June to start talks on ways of integrating i
Show less
Read more
Impact Snapshot
Event Time:
VIVHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VIVHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VIVHY alerts
High impacting VIVENDI SE UNSP/ADR news events
Weekly update
A roundup of the hottest topics
VIVHY
News
- SurFast Video Downloader for Mac [CNET News]CNET News
- Total Video Downloader for Mac [CNET News]CNET News
- French media mogul resigns after getting charged with embezzlement [Fortune]Fortune
- VIVHY or NTTYY: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Announcing Upbound is Now Everywhere, Accelerating Crossplane Control Planes for Enterprises [Yahoo! Finance]Yahoo! Finance