Canal+ float fails to make a splash as shares fall more than 23 per cent Markets The float of Canal+ on the London Stock Exchange got off to a shaky start with its share price dropping more than 23 per cent, valuing the company at around £2.4bn. The only £1bn-plus IPO of the year is the product of a long-awaited breakup of Paris-based Vivendi, which acquired Canal+ in 2000. Shares of the Paddington [...]
Canal+ IPO offers hope for troubled London Stock Exchange Markets French media giant Canal+ will list on the London Stock Exchange this morning in an early Christmas present for a bourse battered by a string of exits this year.
Canal+: Meet the Paddington and Back to Black producer set to give the City a boost Media Vincent Bolloré, the French media tycoon, has decided that Canal+, the television business of his Paris-based conglomerate Vivendi would be best off listed on the London Stock Exchange.