Vivendi to Split Media Empire, Listing Canal+ in London
Vincent Bolloré's conglomerate to break into four companies, with key listings across Europe
- Canal+ will be listed on the London Stock Exchange to attract international investors.
- Havas advertising agency to trade in Amsterdam, while Louis Hachette Group will list in Paris.
- The split aims to boost Vivendi's valuation and operational focus.
- Bolloré Group will retain significant voting rights in the new companies.
- Decision expected by the end of October, with shareholder vote in December.