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<a href="http://www.accessmylibrary.com/coms2/summary_0286-22643378_ITM" title="Facts and information about Vivendi Universal registers massive loss of 23.3bn euros (Perte record de 23,3 milliards d'euros pour Vivendi Universal).">Vivendi Universal registers massive loss of 23.3bn euros (Perte record de 23,3 milliards d'euros pour Vivendi Universal).</a>
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Vivendi Universal registers massive loss of 23.3bn euros (Perte record de 23,3 milliards d'euros pour Vivendi Universal).
(From Le Figaro)
Vivendi Universal has beaten the record loss posted by France Telecom on Wednesday. The French media group closed last year in the red for a whopping 23.3bn euros, after posting a loss of 14bn in 2001. This performance is mainly the result of the group's decision to make 21bn in asset write-downs, but also because its profits from industrial and commercial activities registered losses of 94m. VU also made …
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