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Wednesday, December 25, 2024
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    HomeEntertainmentCanal+ To Become Standalone Company As Vivendi Shareholders Approve Spin-Off Plan

    Canal+ To Become Standalone Company As Vivendi Shareholders Approve Spin-Off Plan

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    Canal+ is set to become a standalone company after shareholders of its parent, Vivendi, overwhelmingly approved a spin-off plan. More than 97.5% voted to separate Canal+, ad business Havas and publisher Louis Hachette Group. They will begin trading on the London Stock Exchange, Euronext Amsterdam and Euronext Growth Paris, respectively, next Monday on December 16.

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