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Monday November 23, 2009
GE, Vivendi close to sealing NBC Universal deal
NEW YORK: General Electric and Vivendi are moving closer to a deal on NBC Universal, with Vivendi agreeing to accept payment for just one-third of its stake until a related deal with Comcast closes, according to a source familiar with the situation.
Talks between Vivendi SA and General Electric Co have been holding up Comcast Corp’s plan to buy a controlling stake in NBCU. Vivendi has to agree to sell its 20% stake to GE before the Comcast deal, which would be the biggest in media this year, can progress. — Reuters
- Italian minister under fire for supporting McDonald's new burger
- Resorts World Singapore casino to open this week
- Electricity generation from air?
- M'sia needs major economic transformation to become developed nation
- Higher Maxis dividends expected
- Local bourse continues to bleed
- HLB says no to request
- KNM's RM3.55bil value counted after deducting debt
- Boeing's giant 250ft-long 747-8 makes first flight(update)
- Dow closes below 10,000 for 1st time in 3 months
- Resorts World Singapore casino to open this week
- Higher Maxis dividends expected
- Toyota readies global Prius recall
- Ekuiti Nasional aims to deliver at least 12% returns
- Electricity generation from air?
- Abu Dhabi bank plans to start operating in Malaysia
- KNM's RM3.55bil value counted after deducting debt
- Cyber attack in M'sia still under control
- Dow closes below 10,000 for 1st time in 3 months
- Maxis targets to wire up 500 buildings by year-end
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