Vivendi May Buy Up Troubled Sports Rights Group, ISL
According to French newspaper La Tribune, media group Vivendi Universal is considering the acquisition of sports rights company ISL – itself close to bankruptcy.
Vivendi is also close to merging its own sports rights division, Sport Plus, with Group Jean-Claude Darmon and RTL’s UFA Sport. However, this merger will not give Vivendi a huge international sports presence and the purchase of ISL would make strategic sense, say analysts at ABN Amro.
This combined group would have revenues of €1.11 billion – €610 million from ISL and €503 million from Sport Plus-Darmon-UFA.
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