15th Dec 2015 08:46
LONDON (Alliance News) - Media investment vehicle Gloo Networks PLC on Tuesday said it has appointed the chief executive of French media giant Vivendi SA as its non-executive chairman.
Arnaud de Puyfontaine has been appointed to the role with immediate effect.
Gloo floated in London in July and has been created in order to carry out an acquisitions in the media industry. Upon floating, the company said it would seek to buy "trusted consumer brands" in the media sector with an enterprise value of GBP250.0 million to GBP1.00 billion.
Shares in Gloo were untraded early Tuesday, having last traded at 125.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Gloo Networks