French TV company Canal Plus to raise stake in Asia's Viu to 30%

Reuters02-26

PARIS, Feb 26 (Reuters) - Canal Plus, the French TV company owned by Vivendi , said on Monday that it had agreed to increase its stake in Asian streaming platform Viu, owned by Hong Kong investment firm PCCW , to 30% from 26%.

Canal Plus added it had an option to increase its stake in Viu up to 51%.

(Reporting by Sudip Kar-Gupta; editing by Jason Neely)

((sudip.kargupta@thomsonreuters.com;))

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