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Market Rout Continues; Vivendi Prepares to Dial Up Deal

August 20, 2023
in Trade Tube
Reading Time: 1 min read
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Global stock indices fell on Friday, with some markets tumbling to five-week lows, amid concerns about the Chinese economy and worries about the standoff in Crimea. Media-to-telecom conglomerate Vivendi decides later today whether to accept one of two offers for its SFR wireless services unit, or even proceed with its original Plan A of holding an IPO for the business. And Singaporean commodities group Olam receives a $4.2 billion bid from leading shareholder Temsaek.

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