December 4, 2002
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Vivendi Universal has announced that it will pay E4bn ($4bn) for the 26% stake in Cegetel held by BT Group. The move raises its stake to 70%, and destroys Vodafone Group's hopes of taking control of the mobile operator. Cegetel accounts for a third of Vivendi's operating profit.
Source
http://www.ft.com http://www.theregister.co.uk/content/59/28412.html
Related companies
Vivendi Universal
BT Group plc
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