Vivendi CFO said the company still plans to complete the sale of its Moroccan unit this year.
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Activision Blizzard Inc's CEO Bobby Kotick said that the video game publisher would conduct "business as usual."
The French conglomerate’s efforts to revamp its diversified portfolio begins with the sale of its stake in Activision Blizzard worth US $8.2 billion.
Vivendi SA is in talks with Emirates Telecommunications concerning its 53 percent stake in Maroc Telecom.
Vivendi explored other options to get cash from its Activision Blizzard arm after failed sale of a part of its 61% stake in the US video games business.
Ooredoo withdraws from the race for Maroc Telecom citing valuation issues as well as frustration with the bidding process.
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