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30 Apr 2002
The plug could be pulled on Vivendi Universal's internet concerns if a review finds that they are responsible for too much cash leaking out of the business.
Vizzavi, the portal co-owned with Vodafone, European portal Scoot and iFrance, is understood to be under chief executive Jean-Marie Messier's microscope.
Founded in January 2000 with a £960m investment plan, Vizzavi is notorious for being one of the most expensive startups.
Messier has stated that among Vivendi's 2002 priorities are "an aggressive plan for debt reduction, and a clear focus on operations and cash management".
The troubled company, which has a €17bn debt mountain, announced 100 layoffs and a new business model in January.
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