Exclusive: Vivendi gets four bids for GVT - sources

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By Leila Abboud | November 29, 2012 6:56 AM EST

Vivendi is examining four non-binding offers above 6 billion euros ($7.75 billion) for its Brazilian broadband specialist GVT, according to a person familiar with the situation.

The offers are below the 7 billion euros that sources had earlier told Reuters Vivendi was aiming to garner from the sale of GVT, an alternative provider of fixed telephone, broadband, and TV services in 120 Brazilian cities.

(Reporting by Leila Abboud, Editing by Dominique Vidalon)

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Copyright 2012 Thomson Reuters. All rights reserved.

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