Bolloré ends the Vivendi adventure

by time news

2023-12-14 20:44:38

Vincent Bolloré (left), president of Vivendi, and his son Yannick, president of Havas. Abaca

INVESTIGATION – The main shareholder of the conglomerate, the family is preparing its separation into three separate entities listed on the stock exchange. Objective: for them to be much better valued.

The great financial strategist, Vincent Bolloré, is back. As a gift for the end-of-year celebrations, the Breton patriarch offers the Paris market and the markets an unexpected turnaround, to say the least: the dismantling of Vivendi, which he spent many years building… he nocturnal announcement of the split seemed barely credible on Wednesday, while the conglomerate was rejoicing, less than three weeks ago, “greatest change in dimension” of its history while swallowing the Lagardère group.

“It’s the chef’s surprise, as Vincent Bolloré has always been accustomed to”laughs a manager of a CAC 40 group. “Even his son Yannick (chairman of the supervisory board of Vivendi) and Arnaud de Puyfontaine (Chairman of the Board)would have been warned late”assures, for his part, a source familiar with the matter.

According to our information, the Vivendi name could disappear from the landscape if the split project under study is carried out…

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