Vivendi Considers London Listing for Canal+ Unit

Vivendi, led by French billionaire Vincent Bollore, is considering a spin-off and potential London listing for its Canal+ TV unit, along with other units like Havas and Lagardere. This move aims to address the market value discount the company faces. The listing, possibly in London or Amsterdam, could happen by the year-end, accelerating Vivendi's planned breakup initiated last year. The company's shares surged following reports on the potential spin-off. Vivendi's strategy to split into four listed units seeks to maximize asset value and boost share prices amid evolving market conditions.