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Canal+ Group, Owner of ‘Paddington’ Producer Studiocanal, to Enter London Stock Exchange After Vivendi Shareholders Approve Spinoff
Vivendi is about to enter a new era with its flagship pay TV banner Canal+ Group entering the London Stock Exchange on Dec. 16.
Vivendi, the Paris-headquartered media conglomerate, is about to enter a new era with its flagship pay TV banner Canal+ Group set for a bow at the London Stock Exchange. Slated for Dec. 16, the listing of Canal+ Group, which is the parent company of “ Paddington ” producer Studiocanal, is part of a spinoff project which was just approved on Monday at Vivendi’s shareholders meeting, under the chairmanship of Yannick Bolloré. Under the plan, Vivendi will remain listed on Euronext Paris, focusing on developing Gameloft and managing its investment portfolio, which includes Universal Music Group.
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