Proposed Sale of Vivendi’s Festival and International Ticketing Activities to CTS EVENTIM
VIVENDI SE UNSP/ADR (VIVHY)
NASDAQ:AMEX Investor Relations:
vivendi.com/en/investment-analysts
Company Research
Source: Business Wire
The two companies today announced that they have signed a put option agreement.The proposed sale will offer new development opportunities to Vivendi’s festival portfolio and See Tickets' international activities while ensuring maximum continuity for all their partners. PARIS & MUNICH--(BUSINESS WIRE)--Regulatory News:CTS EVENTIM, a leading international provider of ticketing services and live entertainment, and Vivendi (Paris:VIV), a global leader in culture, entertainment, media and communications, have signed a put option agreement on the sale of Vivendi’s festival and international ticketing activities. The transaction should be completed in the coming months after consultation of the employee representative bodies concerned.Hala Bavière, CEO of Vivendi Village and member of the Executive Committee of Vivendi:“I am proud of what has been accomplished over more than a decade and extremely grateful for the strong dedication of all the teams involved. We at Vivendi are convinced th
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