Canal+ Falls, Havas Rises in Trading Debuts After Vivendi Split
Canal+’s shares fell on the London Stock Exchange and Havas’s stock rose on Euronext Amsterdam, as they started trading as standalone companies after their spinoffs from French media group Vivendi.The listings of Vivendi’s former core businesses culminated a yearlong process that ended with a four-way split of the conglomerate backed by the family of French billionaire Vincent Bollore.
‘Paddington’ Producer Canal+ Shares Fall in London Debut After Vivendi Four-Way Split
The stocks of ad giant Havas and publisher Louis Hachette rose though following the split designed “to fully unleash the development potential of Vivendi’s different activities.”
Canal+ shares see drop on London trading debut after split from Vivendi
An initial decline was to be expected, said analysts, as certain investment funds were restricted to French-listed stocks. View on euronews
Vivendi shareholders approve split of Canal+, Havas, and Louis Hachette Group
Vivendi's supervisory board approved a company split last year to unlock its assets' full potential, creating three entities: Canal+, Havas, and Lagardère’s investment arm.
Canal+ To Become Standalone Company As Vivendi Shareholders Approve Spinoff Plan
Canal+ is set to become a standalone company after shareholders of its parent, Vivendi, overwhelmingly approved a spin-off plan.
Canal+ shares drop 14% in London debut after four-way Vivendi split
Last week, shareholders of Vivendi approved the four-way split of the media conglomerate into Canal+, publisher Louis Hachette, and advertising firm Havas. Hachette now is listed in Paris, while Havas is listed in Amsterdam. Vivendi itself continues as a holding group and remains listed in Paris.
French broadcaster Canal+ shares fall 13% in London listing after spinoff from Vivendi
Shares in French broadcaster Canal+ fell over 13% following their London stock market debut Monday. Canal+ is a pay TV and production company known for its live sports broadcasting and Studiocanal, which makes the Paddington film franchise.
‘Paddington’ Firm Canal+’s Shares Down On Day One Of London Trading
Canal+'s share price dipped on its London Stock Exchange debut, but the British government hailed the listing as a "vote of confidence" in the UK.
French production company Canal+ shares fall in London listing
Shares in French production company Canal+ fell over 10% following their London stock market debut Monday. Pay TV and production company Canal+ listed in London after being spun out from France's Vivendi.
Vivendi's Four-Way Split Leaves Investors Unimpressed
Entertainment conglomerate Vivendi put on a big show for investors across Europe. Critics weren't dazzled. The French company ...
Canal+ falls, Havas and Louis Hachette up on market debut post-Vivendi split
Vivendi's newly spun-off entities Canal+, Havas and Louis Hachette Group will start trading in London, Amsterdam and Paris ...
For Vivendi, this split is better than no split at all
Investors usually like it when conglomerates split themselves up. Demergers eliminate the discount that the market attributes ...
Shareholders Agree To Split Up Vivendi
Shareholders agreed Monday to split up the French media conglomerate Vivendi into four companies in an effort to boost the value of the various firms.
Shareholders approve breakup of Bollore's Vivendi media conglomerate
Shareholders of French media conglomerate Vivendi approved on Monday the breakup backed by the Bollore family, aiming to spin ...