REVIEW: Marketing and advertising news in the week's press

Vivendi Universal is to sell a 10 per cent stake in Havas

Advertising to raise funds for its proposed dollars 1.8 billion

acquisition of Houghton Mifflin, the US educational publisher. The sale

should raise dollars 384 million for Vivendi. The deal would mean

Vivendi would also take on dollars 480 million of net debt by selling

its trade fair and professional press businesses in France. - Financial