DayFR Euro

It's done, Canal+ makes its IPO

Vivendi has finally announced the split of its various subsidiaries, placing Canal+ on the London Stock Exchange.

A major transformation of Vivendi's organization, approved by shareholders, has just been implemented. The idea is to separate the group into several main entities, each listed on different stock exchanges. Canal+ has therefore just made its IPO in London on December 16, 2024.

The Havas advertising agency, for its part, was listed on the Amsterdam Stock Exchange with a reference price of €1.79, representing a total valuation of €1.77 billion. The Lagardère group, for its part, enters Euronext Growth in , and the Vivendi holding company continues to be listed on Euronext Paris.

This choice is strategic: the audiovisual group continues to strengthen its international development, with a major presence outside , namely in Africa, Europe and Asia-Pacific. The listing in London intends to reflect this international dimension, in particular in the context of its merger with the African giant MultiChoice.

This article was reprinted on the Univers FreeBox website

-

Related News :