Canal+ Group has signed a definitive agreement to acquire an additional 9.9% stake in the capital of Canal+ France from Groupe TF1, a television channel. The transaction is valued at EUR744 million and is expected to close by December 31, 2009. All the entities are based in France.

Canal+ Group is a film and television studio and distributor and a wholly-owned subsidiary of Vivendi SA. Upon completion, Canal+ Group will increase its stake in Canal+ France from 65% to 75%.

Nomura International Plc is acting as financial advisor to Vivendi.

Deal Value (US$ Million) 1105.5
Deal Type                Acquisition
Sub-Category             Minority Acquisition
Deal Status              Announced: 2009-11-23

Deal Participants

Target (Company)   Canal+ France SA
Acquirer (Company) Canal+ Group
Vendor (Company)   Groupe TF1

% Acquisition 9.9%

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