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Vivendi: UBS remains Buy on the stock

( - Vivendi plans to divide its assets into four units instead of three.
Following the Group's announcement, UBS confirms its Buy recommendation with a price target of E15.2, representing a potential upside of 48%.

' Vivendi's updated asset-sharing proposal now includes a separate publishing entity. This news is increasingly positive in our view', says UBS.

This would include Canal+, Havas, a company combining publishing and distribution assets (interests in Lagardère and Prisma Media) and an investment company (financial interests in culture, media and entertainment).

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