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Vivendi's spinoffs debuted with varied success; Canal+ shares dropped, while Hachette and Havas gained.
Three spinoff companies from Vincent Bollore's Vivendi media empire debuted on stock markets with mixed results.
Canal+, known for its live sports and the Paddington film series, saw its shares drop 15% in London.
In contrast, book publisher Louis Hachette soared 25% in Paris, and advertising agency Havas gained 6% in Amsterdam.
The breakup was approved by 97% of shareholders, with Bollore officially retiring in 2022 but likely maintaining behind-the-scenes influence.
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Las spinoffs de Vivendi debutaron con éxito variado; las acciones de Canal+ cayeron, mientras que Hachette y Havas ganaron.