Vivendi shareholders approve spin-off of major units, set to begin trading December 16th across Europe.

Vivendi shareholders have approved the spin-off of its units, including Canal+, Havas, and Louis Hachette Group, with over 97.5% voting in favor. The newly independent companies will begin trading on December 16th, with Canal+ listed in London, Havas in Amsterdam, and Louis Hachette Group in Paris. The move aims to boost the value of Vivendi's business units and follows protests against the controlling Bollore family.

4 months ago
21 Articles