Vivendi Says No Decision on NBCU Yet

Vivendi's chief financial officer said the French media and telecom company wants to exit NBC Universal but a decision hasn't been made for this year, a report says.
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BARCELONA (

TheStreet

) --

Vivendi's

chief financial officer said the French media and telecom company wants to exit

NBC Universal

but a decision hasn't been made for this year, a report says.

Phillipe Capron, in a conference Thursday, called the situation "complex,"

Dow Jones Newswires

reports.

On Wednesday, it was reported that Vivendi had yet to reach an agreement with

General Electric

(GE) - Get Report

over the sale of its 20% stake in NBC Universal.

The talks are one of the last hurdles to a joint venture between GE and

Comcast

(CMCSA) - Get Report

, in which the cable operator would get a majority stake in NBC Universal, the

Wall Street Journal

reported.

Vivendi is reportedly seeking a higher price for its stake. The GE, Comcast deal hinges on Vivendi selling its stake.

-- Reported by Joseph Woelfel in New York

.

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