Vivendi said it now holds 23.15% of the common shares of Telecom Italia.
Vivendi, following the dilution of its stake in Telecom Italia from 24.68% to 21.91% due to the maturity of a bonds redeemable for shares in Telecom Italia, made purchases of ordinary shares of Telecom Italia to raise this participation to its previous levels.
As of November 22, 2016, the share was 23.15% of the common shares of Telecom Italia.
Vivendi has notified the US Securities and Exchange Commission (SEC) and and the Italian authority (Consob) in accordance with the stock exchange regulations of these countries.