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Vivendi may reach out to Sky to grow its TV group

French group yet to decide on making a bid which may cost up to £28b

Published Wed, Apr 8, 2015 · 09:50 PM
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London

FRENCH media conglomerate Vivendi is looking at a possible acquisition of pay-TV group Sky, as one of several options to expand the reach of its own TV group Canal Plus, three sources familiar with the matter said.

Vivendi has turned its attention to Sky after reviewing smaller pay-TV targets in Turkey and other fast-growing markets in Europe, one of the sources said.

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