Lagardere valued its stake in Canal+ France at €1.15 billion in its accounts, while Vivendi believed it was worth €800-900 million, a source familiar with the situation said. Photograph: Jacques Brinon

Vivendi has reached an agreement to buy out partner Lagardere’s 20 per cent stake in pay-television operator Canal+ France for €1.02 billion.The accor(...)

Entertainment-to-telecoms conglomerate Vivendi will retain a 12 per cent stake of Blizzard Entertainment, the video games maker best known for the Call of Duty series and online multi-player game World of Warcraft. Photograph: Christian Hartmann/Reuters

French multimedia and telecommunications company Vivendi has said it plans to sell 85 per cent of its stake in Activision Blizzard Inc to the video ga(...)