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Find all the economic and financial information on our Orishas Direct application to download on Play StoreLe lundi 22 juillet dernier, Vivendi, the media and entertainment group controlled by the Bolloré family, has specified its spin-off plan.
Three draft stock quotes, three different countries. Vivendi's two main assets should set sail to European trading places other than Paris, at the earliest in December 2024. Yannick Bolloré, Chairman of the Vivendi Supervisory Board and CEO of Havas, said that “there is no distrust of the Paris financial market, quite the opposite since Vivendi SE, Louis Hachette Group and Lagardère SA will remain listed here.” According to him, “with this division, we are starting with a clean sheet of paper and he therefore asked himself the question of the best place for the listing of each company. For Canal+, there are obvious reasons for accessing the Anglo-Saxon market and this makes all the more sense since two-thirds of our subscribers are outside France and we are in the process of getting closer to MultiChoice.” The group's second asset, the advertising group Havas would take over the management of the Netherlands, like Universal Music Group in 2021, where Vivendi claims that it will be “listed in the form of a joint stock company under Dutch law on the Euronext Amsterdam market
”.
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