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ABU DHABI, United Semite Emirates – Vivendi SA's honcho executive said weekday the media conglomerate is interested in attractive full control of French ambulatory cause SFR from relation Vodafone Group PLC, but exclusive if the toll is right.

CEO Jean-Bernard Levy said Vivendi has the resources to oppose a care for Vodafone's minority welfare after selling soured its wager in NBC Universal early this year. He wouldn't support whether the digit companies are actively engaged in talks on a deal, but said Vodafone appears to be willing to sell.

"We are in a situation where a possibleness dealings could be prepared," Levy told reporters on the sidelines of a media word in the Emirati capital Abu Dhabi. "I believe at the correct toll it would be in the welfare of Vivendi to take 100 proportionality of SFR."

Vivendi owns 56 proportionality of SFR. It has reportedly been seeking to clear most 6 1000000000 pounds ($9.65 billion) for the rest of SFR that Vodafone holds — a figure Levy would not confirm. Vodafone is believed to want substantially more.

Vivendi sold its remaining wager in NBC Universal to General Electric Co. early this year. It got a total of $5.8 1000000000 for its 20 proportionality welfare in the U.S. company, which owns U.S. broadcast network NBC, the Universal Pictures movie flat and attendant thought parks and a number of telegram channels. The care laid the groundwork for telegram giant Comcast Corp.'s takeover of NBC Universal.

Levy reiterated his belief of offense earnings growth in 2011 — an due acquire he described as "positive but not significant."

Paris-based Vivendi owns a arrange of businesses, including Universal Music, the record adjudge behind Eminem, Lady Gaga and Justin Bieber and Rihanna. It also controls video mettlesome concern Activision Blizzard, Brazilian telecom company GVT and Canal Plus television.

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