The decline and fall of Jean Marie Messier resonates on many levels, both economic and cultural. Messier liked to present himself as the most Americanized of any major Euro business leader, yet was…
Jean-Rene Fourtou, the 63-year-old tapped as interim successor to Vivendi Universal chairman Jean-Marie Messier, comes out of the same cookie-cutter business elite as his predecessor, but he's a…
Vivendi Universal said Friday that it plans to sell 6% of publicly traded construction subsid Vinci in a continuing effort to pare down debt.
Just how supportive the French members of Vivendi U's board of governors will be of embattled chairman Jean-Marie Messier in coming months is an intriguing question.
Beleaguered Vivendi Universal received an unaccustomed shot of good news Thursday as a French court threw out a request by shareholders to investigate the conglom's corporate governance practices.
Vivendi Universal chairman-CEO Jean-Marie Messier apologized Wednesday for confusing investors, offered more detail on debt reduction and said he hopes to run the conglom for years to come.
Jean-Marie Messier emerged from an hours-long Vivendi Universal board meeting Tuesday evening with his CEO title and optimism intact -- but without a key ally.
Vivendi Universal shares tanked Monday after a muddled asset sale further eroded investor confidence ahead of a regularly scheduled board meeting in Paris today.
With Vivendi Universal's shareprice even further depressed and a board of directors meeting scheduled in Paris Tuesday, CEO and chairman Jean-Marie Messier has implimented the second step in his plan…
Vivendi Universal startled financial markets Friday by parking a 12.7% stake in Vivendi Environment with Deutsche Bank after announcing plans several days earlier to definitively unload a big chunk…
Vivendi Universal announced plans Monday to reduce its stake in Vivendi Environment by more than 20%, allowing the highly leveraged French conglom to transfer $13.2 billion in debt off its books.