French TV company Canal Plus to raise stake in Asia's Viu to 30%

Pccw

26/02/2024 09:14

PARIS, Feb 26 (Reuters) - Canal Plus, the French TV
company owned by Vivendi  VIV.PA , said on Monday that it had
agreed to increase its stake in Asian streaming platform Viu,
owned by Hong Kong investment firm PCCW  0008.HK , to 30% from
26%.
    Canal Plus added it had an option to increase its stake in
Viu up to 51%.  

 (Reporting by Sudip Kar-Gupta; editing by Jason Neely)
 ((sudip.kargupta@thomsonreuters.com;))