PARIS, July 23: French media and telecoms conglomerate Vivendi said on Tuesday it had entered into exclusive talks to sell its majority stake in Maroc Telecom to Dubai-based Etisalat for 4.2 billion euros ($5.54 billion)in cash.
Vivendi said it hoped to complete the talks by the end of the year and that talks with a consortium of Moroccan investors who could also invest in the company, would be taking place in parallel. ($1 = 0.7580 euros)
(AGENCIES)
Trending Now
E-Paper
Follow our WhatsApp channel