Announced
Financials
Sources
Tags
event ticketing
Friendly
France
Cross Border
Single Bidder
Entertainment
Acquisition
Majority
Private
Pending
Synopsis
CTS Eventim, an international provider of ticketing services and live entertainment, agreed to acquire festival and international ticketing activities from Vivendi, a culture, entertainment, media and communications company. Financial terms were not disclosed. “I am proud of what has been accomplished over more than a decade and extremely grateful for the strong dedication of all the teams involved. We at Vivendi are convinced that CTS Eventim will be the right company to bring our ticketing and festival activities to new heights, supporting See Tickets to remain a state-of-the-art company in services and technology, while fostering the growth of the festivals and preserving their unique identities and audience,” Hala Bavière, Vivendi Executive Committee.
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