The four new companies resulting from the split of the Vivendi empire take their first steps on the stock market this Monday. If the television group is off to a bad start, Havas and Louis Hachette Group are on the rise.
Contrasting start to the week on the stock market for the new companies resulting from the split from Vivendi. The Canal+ television group fell by more than 12% one hour after the opening for its first day of trading on the London Stock Exchange this Monday, December 16. On the other hand, the share price of Havas, the new entity introduced on the Amsterdam Stock Exchange after the split from Vivendi, rose by more than 11% in the first exchanges. Around 08:20 GMT, the communication group's action gained 6.78% to 1.90 euros, after having gained 11.17% to 1.99 euros shortly after the opening, against a starting quote set at 1.79 euro.
For its part, the stock of Louis Hachette Group, a new entity introduced on the Euronext Growth market in Paris by Vivendi, is up more than 28% in initial trading. Around 8:15 a.m. GMT, the action of the group, which notably owns Hachette Livre, Relay and media such as Europe 1 and The JDDreached 1.44 euros, an increase of 28.57% compared to the starting price set at 1.12 euros.
