French media group Vivendi (VIV.PA), with cash to spend after selling a chunk of its business, has no plans to bid for smaller rival Lagardere (LAGA.PA).
Canal Plus
Breaking News
The battle over Brazil's telecoms market intensified on Thursday as European competitors Telecom Italia and Telefonica made rival offers for Vivendi's Brazilian broadband business GVT.
France-based premium pay television channel Canal Plus took a majority interest in YouTube French comedy channel group Studio Bagel for an undisclosed amount to beef up its Over the Top Technology (OTT) business in the country.
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