client login
Remember Me
Forgot Password

The Kelsey Report® Advisory Sells Europe Stake to Vivendi for 1 Euro
Charles Laughlin , 8/6/2001

Issue: Move Averts Bankruptcy, but What's Next for Euro-Infomediary?

News: European "infomediary" PLC narrowly avoided insolvency last week by selling its 50 percent stake in Scoot NV (Europe) to Vivendi Universal for the nominal price of one euro (about 88 cents). Vivendi Universal owned the other 50 percent of Scoot Europe via a joint venture formed in January 2000. will continue as the exclusive operator of the online/voice directory service in the U.K. and Ireland, while Vivendi will acquire exclusive rights to operate the Scoot service in Belgium, the Netherlands, France and the remainder of Europe. will be given the right to expand to one European market of its choice (which it must choose within six months), with rights to the remaining markets going to Vivendi.

Copyright � 2005 The Kelsey Group. All Rights Reserved.
This published material is for internal client use only. It may not be duplicated or distributed in any manner not permitted by contract. Any unauthorized distribution could result in termination of the client relationship, fines and other civil or criminal penalties under Federal law. The Kelsey Group disclaims all warranties regarding the accuracy of the information herein and similarly disclaims any liability for direct, indirect or consequential damages that may result from the use or interpretation of this information.

Learn more about:

TKG clients

Summaries of White Papers and Advisories

What TKG clients receive


The Kelsey Group, Inc., 600 Executive Drive, Princeton, NJ 08540-1528
Tel: (609) 921-7200 Fax: (609) 921-2112 E-Mail: [email protected]
Copyright© 2006 The Kelsey Group. All Rights Reserved.