Vivendi mulls sale of Brazil unit

Vivendi is considering selling its Brazilian telecom unit GVT, sources said last night. A sale of GVT could be worth up to €8.5bn and comes after the French group’s exploratory talks to offload video games unit Activision Blizzard found few takers at the price it sought. “A sale of GVT is no longer taboo and is now being considered internally,” the source said.