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L'AGEFI 0110110». 0ICAGINCI IC0N0MI0Ul If I INAMCitlel A CANNÉ 3 décembre 2009 CRÉDIT DES ALPES: Vivendi reprend GVT au Brésil Le groupe de téléphonie brési- lien GVT coté au Bovespa, a fait l'objet d'une compétition entre Vivendi et Telefonica. Basé à Ge- nève, le groupe Crédit des Alpes, conseil des actionnaires majori- taires de GVT, a permis à ces der- niers de réaliser l'opération et à Vivendi de l'emporter sur Tele- fonica (prenant ainsi pied en Amérique Latine). Vivendi a ac- quis dans un premier temps un bloc de 37,9% du capital de GVT assorti d'une option incondition- nelle d'acquérir 19,6% supplé- mentaire, au prix de 32 dollars par titre, ce qui valorise GVT à 4.2 milliards (évaluation sensi- blement supérieure à l'offre ini- tiale de Telefonica). Vivendi, ac- tif dans la communication et le divertissement, contrôle entre autres Activision Blizzard, Uni- versai Kursic Group, SFR, Ma- roc Telecom Group. Canal + Group. En 2008 Vivendi a réa- lisé un chiffre d'affaires de 25,4 milliards d'euros et un revenu net ajusté de 2,7 milliards. Pré- sent dans 77 pays, il emploie 43.000 employés. GVT est l'en- treprise brésilienne de télépho- nie qui connaît le plus fort taux de progression dans son secteur, et offre un portefeuille varié de solutions aussi bien pour la télé- phonie conventionnelle que non conventionnelle, les services in- ternet et la télévision payante. Pour l'exercice clôt au 30 juin 2009 GVT a réalisé un chiffre d'affaires de 800 millions de dol- lars et un EBITDA ajusté de 300 millions. TRANSLATION December 3, 2009 CRÉDIT DES ALPES: Vivendi buys GVT of Brazil Telecom group GVT of Brazil, listed at Bovespa, has been the object of a bidding competition between Vivendi and Telefonica. Geneva-based group Crédit des Alpes advised GVTs majority shareholders' allowing them to close the transaction and Vivendi to take it away from Telefonica (while also establishing a foothold in Latin America). Vivendi acquired in a

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