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Latest Satellite News Discussion, Update Vivendi could still buy Digital+ at General Satellite News forum; Vivendi could still buy Digital+ French media group Vivendi would be willing to study again a possible buyout of Sogecable's ...

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Update Vivendi could still buy Digital+ - 18-May-2009, 15:00

Vivendi could still buy Digital+

French media group Vivendi would be willing to study again a possible buyout of Sogecable's satellite pay TV operation Digital+, provided the operator met strategic and economic requirements, according to the company.

Vivendi last year presented a joint offer with Spain's main telco Telefnica to buy Digital+ at a much lower price than that Prisa, Sogecable's owner, was looking for. Prisa desperately needs to sell Digital+ because of its high debt.

In January, Prisa announced the offerings it had received did not fulfill its requirements. And last Thursday the company reached an agreement to postpone a 2,000 million loan repayment until March next year.


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