178
Annual Report -
2013
-
Vivendi
Financial Report
| Statutory Auditors’ Report on the Consolidated Financial Statements | Consolidated
Financial Statements | Statutory Auditors’ Report on the Financial Statements | Statutory Financial Statements
4
SECTION 1 - Significant events
1.1.8.
Financial Net Debt change
For a detailed description of the new financings set up in 2013 as well
as the redemptions following the closing of the Activision Blizzard sale,
please refer to Section 5. For a detailed description of the maturities of
the bonds and bank credit facilities as of December 31, 2013, please
refer to Note 23 to the Consolidated Financial Statements for the year
ended December 31, 2013.
1.2.
Significant events since December 31, 2013
The significant events that have occurred since December 31, 2013 were
as follows:
on January 14, 2014, Canal+ Group won the exclusive broadcasting
rights to the national French Rugby Championship “TOP 14” for five
seasons (2014-2015 to 2018-2019). These rights relate to all of the
TOP 14 matches, across all media and all territories;
on January 31, 2014, SFR and Bouygues Telecom entered into a
strategic agreement to share a part of their mobile access networks;
and
on February 13, 2014, Vivendi entered into exclusive negotiations
with Belgacom to acquire 100% of its subsidiary Telindus France
Group, a leader on the French markets of telecommunication
integration and networks. Once signed, the transaction will be
submitted to the French competition authority approval.
1.1.7.
Acquisitions by Canal+ Group
Acquisition of a 51% interest in Mediaserv
On July 12, 2013, Canal+ Overseas entered into an agreement
with Loret Group to acquire a 51% majority interest in Mediaserv,
an overseas telecom operator. On February 10, 2014, the French
Competition Authority approved this acquisition, which was completed
on February 13, 2014.
Acquisition of a 60% interest in Red Production Company
On December 5, 2013, Studiocanal acquired a 60% majority interest in
Red Production Company, a British company which produces television
series.
Acquisition of an additional interest in N-Vision
On November 30, 2012, Canal+ Group acquired a 40% interest in N-Vision,
which indirectly holds a 52% interest in TVN. On December 18, 2013, in
accordance with the shareholders’ agreement, ITI exercised its put
option to sell to Canal+ Group a 9% interest in N-Vision’s share capital
and voting rights for €62 million, paid in cash in February 2014: Canal+
Group’s ownership interest in N-Vision thus increased to 49%.
