{"id":15869,"date":"2012-10-25T08:03:08","date_gmt":"2012-10-25T06:03:08","guid":{"rendered":"http:\/\/www.myza.co.za\/10\/update-3-vivendis-maroc-tel-attracts-four-suitors-sources\/"},"modified":"2012-10-25T08:03:08","modified_gmt":"2012-10-25T06:03:08","slug":"update-3-vivendis-maroc-tel-attracts-four-suitors-sources","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-3-vivendis-maroc-tel-attracts-four-suitors-sources\/","title":{"rendered":"UPDATE 3-Vivendi&#8217;s Maroc Tel attracts four suitors -sources"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Qtel, Etisalat, Saudi Tel, MTN looking at Maroc -sources<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Vivendi aims for sale by end of Q1 2013 -source<\/p>\n<p><span><\/span><\/p>\n<p>* Vivendi in midst of asset sales, strategy review<\/p>\n<p><span><\/span><\/p>\n<p>By Leila Abboud and Sophie Sassard<\/p>\n<p><span><\/span><\/p>\n<p>PARIS, Oct 24 (Reuters) &#8211; Vivendi has received four<br \/>\nexpressions of interest in its 53-percent stake in Maroc Telecom<br \/>\n from which it hopes to garner at least 5.5 billion<br \/>\neuros ($7.13 billion), two people familiar with the matter said<br \/>\non Wednesday.<\/p>\n<p><span><\/span><\/p>\n<p>Regional rivals Qatar Telecom, Etisalat<br \/>\nand Saudi Telecom, as well as South Africa&#8217;s MTN<br \/>\n have spoken to Vivendi&#8217;s bankers about acquiring the<br \/>\nstake in Morocco&#8217;s biggest operator, the people said.<\/p>\n<p><span><\/span><\/p>\n<p>There is no official deadline set for offers, but Vivendi<br \/>\nhopes to sign a deal before the end of the first quarter of<br \/>\n2013, one of the people said.<\/p>\n<p><span><\/span><\/p>\n<p>Maroc Telecom is Vivendi&#8217;s second largest contributor to<br \/>\nearnings but its growth has slowed in recent years under tough<br \/>\ncompetition in its domestic market.<\/p>\n<p><span><\/span><\/p>\n<p>Vivendi is seeking to sell assets to cut debt and revive its<br \/>\nflagging share price, which is near 10-year lows.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Qtel, Etisalat, Saudi Tel, MTN looking at Maroc -sources * Vivendi aims for sale by end of Q1 2013 -source * Vivendi in midst of asset sales, strategy review By Leila Abboud and Sophie Sassard PARIS, Oct 24 (Reuters) &#8211; Vivendi has received four expressions of interest in its 53-percent stake in Maroc Telecom [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-15869","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=15869"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15869\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=15869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=15869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=15869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}