Vivendi : A look at Havas (before its listing)
>On course for a fresh listing of Havas, eight years after its acquisition by Vivendi - We published a note on Groupe Canal+ on 23 September. Ahead of the spin-off of Vivendi, which is expected by end-2024, we offer a second analysis and overall look at Havas on the basis of the data that is currently available and public. Havas is expected to be the third asset listed, in terms of scale, from Vivendi after Canal+ and Lagardère/Louis Hachette. The group is set to fl...Vivendi is an audiovisual group active in the entertainment industry with activities in music, TV, cinema, mobile, fixed and internet, and games. Co.'s operations are divided into five businesses: Canal+ Group which produces and distributes pay-TV in France, analog or digital, and is involved in film making; Universal Music Group which sells recorded music (physical and digital media); GVT which serves as a telecommunication operator for fixed ultra high-speed broadband, fixed-line telecommunications and Pay-TV in Brazil; SFR which is engaged in mobile phone services in France, as well as fixed and ADSL services; and Other Activities which involves ticketing, Wengo and Watchever.
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