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GE, Vivendi $500 Million Apart on NBC Unit Value: Report

Published: Monday, 19 Oct 2009 | 3:35 AM ET

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By: Reuters

General Electric[GE Loading... () ] and Vivendi are about $500 million apart in talks over what Vivendi should be paid for its NBC Universal stake, The Wall Street Journal reported on Sunday.

NBC
Bethany L King
NBC

Speculation has risen in recent weeks that Vivendi will sell its 20 percent NBCU stake. General Electric, which owns 80 percent of NBCU, is in talks to sell 51 percent to Comcast, a deal that would require Vivendi to sell its stake, sources have told Reuters.

Vivendi's stake is valued at about $6 billion, based on a $30 billion valuation of NBCU, according to the sources.