Vivendi Successfully Wraps Up Sale of Festival and Ticketing Assets
![https://store.livarava.com/53c8ddb9-2415-11ef-a410-9d5fa15a64d8.jpg](https://store.livarava.com/53c8ddb9-2415-11ef-a410-9d5fa15a64d8.jpg)
Vivendi's Strategic Move
Vivendi has marked a significant milestone by successfully concluding the sale of its festival and international ticketing activities to CTS EVENTIM. This transaction underscores Vivendi's commitment to optimizing its business portfolio and maximizing shareholder value.
Enhanced Financial Position
With the completion of this sale, Vivendi and CTS EVENTIM strengthen their financial positions, setting the stage for enhanced growth prospects and strategic initiatives. The consolidation of festival and ticketing assets allows both companies to focus on their core operations and capitalize on emerging opportunities.