Vivendi acquires See Tickets UK
Vivendi has acquired the UK ticketing company See Tickets UK for a purchase price of approximately €96 million (£83 million with an enterprise value of £94 million).
This acquisition complements the Group’s different businesses. It follows the acquisition in December 2010 of French leading on-line ticketing company Digitick.
See Tickets UK is a leading player in the UK ticketing market with particularly strong positions in the theatre and live music segments.
About Vivendi The best emotions, digitally Vivendi is at the heart of the worlds of content, platforms and interactive networks. Vivendi combines the world leader in video games (Activision Blizzard), the world leader in music (Universal Music Group), the French leader in alternative telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom Group), the leading alternative telecoms provider in Brazil (GVT) and the French leader in pay-TV (Canal+ Group). In 2010, Vivendi achieved revenues of €28.9 billion and adjusted net income of €2.7 billion. With operations in 77 countries, the Group has over 51,300 employees. www.vivendi.com
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