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Vivendi Eyes London Stock Exchange Listing For Canal+ As Part Of Company Split Project
Canal+ could gain a London Stock Exchange listing as part of Vivendi's exploration of whether to split its business in three.
The France-based media giant has been exploring whether to separate Canal+, ad business Havas and publisher Lagardère with their own stock market listings since December. Canal+, however, would be listed on the London Stock Exchange, which would “reflect the company’s international dimension” as it moves towards a deal to buy Africa’s MultiChoice. Furthermore, should its public tender offer for Showmax parent company MultiChoice be successful, a secondary listing on the Johannesburg stock market could follow.
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