FILE PHOTO: French media giant Vivendi’s logo is pictured at the main entrance of the entertainment-to-telecoms conglomerate headquarters in Paris, France, August 12, 2020. REUTERS/Charles Platiau
January 18, 2022
PARIS (Reuters) – Vivendi said it was investing in digital communication group Progressif Media through the purchase of a 8.5% stake from ZeWatchers, with the financial terms of this deal not disclosed.
ZeWatchers will own a 30% in the company while the three Progressif Media founders, Emile Duport, David Bonhomme and Thomas Ghys, will retain 60% of the company.
(Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta)
Source: One America News Network
