Judge rejects plea bargain deal for French billionaire Vincent Bolloré in corruption case

France — Investigation

The businessman had negotiated a deal with the French financial prosecution unit, the Parquet National Financier, under the terms of which he would have only received a fine of 375,000 euros over a corruption case in West Africa. But on Friday February 26th a court in Paris rejected the plea bargain agreement, ruling that it was too favourable to Vincent Bolloré, whose group has a string of economic interests in African countries. Fabrice Arfi and Yann Philippin report.

French tycoon Bolloré questioned by police over Africa operations

France — Link

Bolloré, who has business interests in West Africa, is suspected of corrupting foreign officials and complicity in corruption, his lawyer said.

Bolloré hands over Vivendi chairmanship to his son

France — Link

French billionaire Vincent Bolloré, whose Bolloré Group owns a 20 percent stake in media giant Vivendi, has announced his son Yannick is to replace him as chairman of Vivendi's supervisory board, a hereditary handown after corporate raider Bolloré senior's four years at the helm.

Vivendi confirms bid to buy Dailymotion

France — Link

The media group's move comes after government pressure on Dailymotion owner Orange to keep the Youtube competitor in French hands.

Vivendi's SFR sold to Numericable

France — Link

After a month-long fierce bidding war against Bouygues, Numericable buys Vivendi's telecoms subsidiary SFR for 13.5 billion euros.

French telecoms wars not over yet

France — Link

Head of French public-sector investment body says he would be prepared to back Bouygues in tussle for control of mobile phone firm SFR.

Vivendi picks Numericable for exclusive talks on SFR

France — Link

Move is blow to telecoms firm Bouygues who had also bid for its mobile phone rival, an option also backed by industry minister Arnaud Montebourg.

Vivendi confirms bids for its telecoms arm SFR

France — Link

If accepted, Bouygues' offer for SFR would reduce the number of players in France’s ferociously competitive mobile market from four to three.