French media giant Vivendi to pick 20% initial stake in TV arm of Indonesia's MNC

French media giant Vivendi to pick 20% initial stake in TV arm of Indonesia's MNC

Jakarta, Indonesia. Photo: Pixabay

French media conglomerate Vivendi will finalise the purchase of an initial 20 percent stake in the television subscription arm of Indonesia’s Media Nusantara Citra (MNC) in March, a senior MNC executive said on Thursday.

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