Vivendi: proposed demerger approved at meeting

(CercleFinance.com) - Vivendi reports that its Combined General Meeting has approved, by over 97.
5% of votes cast, the proposed demerger of Canal+, Havas and Louis Hachette Group (which will combine its 66.53% stake in Lagardère and 100% of Prisma Media).

As announced, the first day of trading for these three companies will therefore be 16 December, on the London Stock Exchange, Euronext Amsterdam and Euronext Growth Paris respectively.

13 December (inclusive) will be the deadline by which investors wishing to participate in the demerger must have acquired Vivendi shares. Settlement-delivery of Canal+, Havas and Louis Hachette Group shares on their accounts will take place on 18 December.


Copyright (c) 2024 CercleFinance.com. All rights reserved.