Vivendi said to eye stake in TV arm of Indonesia’s Global Mediacom

Indonesian tycoon Hary Tanoesoedibjo. Photographer: Wei Leng Tay/Bloomberg

Vivendi SA, the French conglomerate backed by billionaire Vincent Bollore, is competing with Argyle Street Management to invest in the television operations of Indonesia’s largest media company PT Global Mediacom, people with knowledge of the matter said.

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