Prospective MultiChoice owner Canal+ may list in London
Media conglomerate Vivendi SE’s Canal+ is exploring a potential listing on the London Stock Exchange, according to people familiar with the matter.
Deliberations are ongoing, and no final decisions on timing and venue have been made, the people said. Other listing venues, such as Amsterdam, could still be considered, they added. Representatives for BNP Paribas and Vivendi declined to comment, while a representative for Canal+ didn’t immediately respond to requests for comment.
Vivendi has said it is studying a plan to split into four listed units to extract better value from its assets — which span from pay-TV to advertising, music and publishing — and to boost its share price. The proposal would create standalone listings for Havas and Vivendi’s publishing arm, besides Canal+. The French company listed its most valuable business — Universal Music Group NV — in 2021 in Amsterdam.
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