Thu, Jul 19, 2012 | 20:17 BST
Report – Vivendi considering Brazilian GVT sale instead of Activision
Instead of selling its shares in Activision, Vivendi is instead considering selling Brazilian telecommunications giant Global Village Telecom instead, which would bring the firm somewhere between $8.59 to $10.42 billion in change. Apparently, there are more interested buyers for Brazilian GVT than Activision, which is deemed too expensive for the open market, according to Reuters. Yesterday, a WSJ report claimed Vivendi has enlisted the help of Barclays and Goldman Sachs in order to find a buyer for its 61% stake in Activision.