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Vivendi boss to leave due to dispute with board

  • The boss of French media and telecoms group Vivendi is stepping down following a dispute with his board over the company's future strategy.

    Jean-Bernard Levy was quitting "following a divergence of views on the strategic development of the group", according to a statement released by Vivendi.

    Jean-Francois Dubos, currently the company’s chief lawyer, will replace him.

    Vivendi's main telecoms business, SFR, has recently faced increased competition, which has seen it lose substantial market share.