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 Vivendi Is Proposing to Break Up Bolloré’s Media Empire Into Four
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Vivendi is proposing to break up Bolloré's media empire into four separate entities. The proposal comes as Vivendi seeks to unlock value from its stake in Bolloré and increase its own focus on the music and entertainment industries. The four entities would include Vivendi's own Universal Music Group, as well as separate companies for Canal+ Group, Editis, and Havas. The move is seen as a way to streamline operations and allow each entity to pursue its own growth strategies. The proposal is subject to approval by Bolloré's board of directors.

#Vivendi #Bolloré #MediaEmpire #BreakUp #UniversalMusicGroup #Canal+Group #Editis #Havas

https://www.bloomberg.com/news/articles/2024-01-30/vivendi-is-proposing-to-break-up-bollore-media-empire-into-four