French media conglomerate Vivendi has issued a strong rebuttal of reports that it was preparing a bid for the Spanish pay-TV operator Sogecable. London-based The Business reported Vivendi was preparing a €4 billion break up of the company.
“Vivendi categorically denies the allegations, that have appeared in the press, that it is preparing an offer for the company Sogecable or any of its assets,” said a Vivendi statement.
In recent weeks Vivendi has also been linked with a bid for the German pay-TV platform Premiere, on which the company has not passed comment.