Vivendi Reportedly Eyeing London Listing for Canal+ Group
variety.comAlex Ritman French conglomerate Vivendi is looking to list its pay TV group Canal+ on the London Stock Exchange, according to a report by Bloomberg.
If true, the move would follow on from news that emerged last year that billionaire Vincent Bolloré was looking to split Vivendi into three businesses — Canal+, advertising banner Havas and an investment vehicle comprising Lagardere Group — which would each be listed separately.
According to Bloomberg, Vivendi was working with advisers, including BNP Paribas, on a listing that could place before the end of the year.
However, it said that no final decision on time of place had yet been made. Contacted by Variety, Vivendi had no comment. The report saw Vivendi shares rise as much as 6.4% on Thursday, reaching their highest level since June 16, 2022.
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