Vivendi And GE About $500 Million Apart On NBC Valuation

jeffimmelt tbi

General Electric (GE) and Vivendi are about $500 million apart in their valuation of NBCU, the Wall Street Journal reports.

Vivendi wants to get $6.3 billion (€4.3 billion) for its 20% share of the network, which would value NBCU at $31.5 billion. Comcast (CMCSA) and GE are valuing NBC between $28 billion-$30 billion, giving Vivendi’s stake a $5.6 billion-$6 billion price tag.

Vivendi will try to squeeze out the extra $500 million, but it doesn’t have a strong bargaining position. If it were to IPO the company, Vivendi would probably get less than $6 billion.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.