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Deals Rumor Mill: Vivendi, SMBC, Mondelez

By Benjamin Horney (October 2, 2015, 4:47 PM EDT) -- Vivendi SA is moving toward increasing its interest in Telecom Italia SpA to about 19 percent of the company's ordinary share capital, Reuters reported on Friday, as the French media titan attempts to up its influence at the Italian telecommunications giant. According to the report, Vivendi may have used derivative contracts to raise its stake, which currently stands at 15.49 percent, or may have bought shares on the open market. Vivendi in late June became Telecom Italia's largest investor....

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