Etisalat talks to buy Vivendi’s Maroc Tel stake extended to

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    Anonymous

    Technology News

    To match Analysis GULF-TELECOMS/SUBSIDIESDUBAI (Reuters) – Exclusive talks for Etisalat to buy Vivendi's 53 percent stake in Maroc Telecom have been extended to October 31, the United Arab Emirates' former telecom monopoly said on Sunday. Vivendi in July entered into exclusive negotiations with Etisalat – the UAE's No.1 telecom operator – to sell its majority holding stake in Maroc Telecom for 3.9 billion euros ($5.28 billion) in cash. The previous deadline for these exclusive talks to end was September 25, but have now been extended to October 31, according to an Etisalat statement. …


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