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Vivendi's net asset value falls to 5.5 billion euros after telecom stakes sales

March 12 - Vivendi VIV.PA on Thursday reported its portfolio of listed holdings fell to 5.53 billion euros ($6.37 billion) at end-2025 from 6.89 billion euros a year earlier after selling its stakes in Italian and Spanish telecom operators TIM and Telefónica.

It also reduced its net debt to 1.5 billion euros as of December 31, 2025 from 2.6 billion euros a year earlier.

($1 = 0.8678 euros)

 (Reporting by Leo Marchandon in Gdansk)

 ((leo.marchandon@thomsonreuters.com))

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