French telecom giant Vivendi said Wednesday it has sold its remaining stake in NBC Universal to U.S. General Electric (GE) for 3.8 billion U.S. dollars."Vivendi has concluded ... the sale of the remainder of its stake in NBC Universal, a 12.34 percent stake, for 3.8 billion U.S. dollars to GE," the group said in a statement.Following the recent transaction, the French media and entertainment group has garnered a total of 5.8 billion U.S. dollars from the U.S. company mens timberland roll top boots after selling last September 7.66 percent of its NBC shares worth 2 billion U.S. dollars.French telecom giant Vivendi said Wednesday it has sold its remaining stake in NBC Universal to U.S. General Electric (GE) for 3.8 billion U.S. dollars."Vivendi has concluded ... the sale of the remainder of its stake in NBC Universal, a 12.34 percent stake, for 3.8 billion U.S. dollars to GE," the group said in a statement.
Following the recent transaction, the French media and entertainment group has garnered a total of 5.8 billion U.S. dollars from the U.S. company after selling last September 7.66 percent of its NBC shares worth 2 billion U.S. dollars."We are very satisfied that our strategic objective to exit NBC Universal has been completed ... Vivendi now has control of all its assets and is fully focused on pursuing its profitable growth strategy," said Jean-Bernard Levy, CEO of Vivendi.Vivendi cheap timberland boots employs 49,000 workers in 77 countries across the world. It reported a 4.8-percent growth in its adjusted net income to 2.21 billion euros (3 billion U.S. dollars) for the January- September period in 2010.Foreign Minister of France Michele Alliot-Marie wrapped up a four-hour visit in the Gaza Strip to check up the humanitarian situation, where angry relatives of Palestinian prisoners in Israeli jails received her with shoes and rotten eggs.
As soon as Alliot-Marie's convoy arrived from Israel Erez border crossing, where dozens of furious relatives of Palestinian prisoners received her near the borders with signs saying she is not welcome, while other protesters jumped on her car or laid down on the road to block the convoy.After the convoy, accompanied by United Nations vehicles and officials, was blocked for around ten minutes, Hamas police, which rules the Gaza Strip, intervened and dispersed the protesters and let the discount timberland boots convoy pass through. It is the first time for Alliot-Marie to visit Gaza since November.A Xinhua reporter said that despite the furious protests against her visit, she faced the angry protesters with smiles, while her personal bodyguards were tensed and upset. Alliot-Marie' s deputy for development affairs was lightly hurt while pushing the protesters, who tried to penetrate the convoy.
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