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Why are so many industry and service giants giving in to the breakup trend?

2024-01-31T19:00:27.445Z

Highlights: Why are so many industry and service giants giving in to the breakup trend?. Vivendi, Solvay, Sodexo and Sanofi are banking on a strategic refocusing to boost the value of their various assets. The Paris Stock Exchange has just provided two examples, in sectors as different as collective catering and the media. On Wednesday, the group announced the validation by its supervisory board of a project… This article is reserved for subscribers. You have 88% left to discover.


SURVEY - Vivendi, Solvay, Sodexo and Sanofi are banking on a strategic refocusing to boost the value of their various assets.


In business as on the catwalks, a fashion sometimes suddenly imposes itself on many actors of varied origins.

This has been the case, in recent months, with the fashion for splits, a practice consisting of a group isolating and making part of its activity autonomous to result in two (or even more) distinct companies.

The Paris Stock Exchange has just provided two examples, in sectors as different as collective catering and the media.

This Thursday, February 1, Sodexo is listing Pluxee, its subsidiary dedicated to employee benefits and rewards activities.

The global catering giant hopes to reproduce the success of Accor Services (now Edenred), which became independent from the hotel giant in 2010. By standing on its own two feet, Edenred has become a model of success, even integrating the prestigious CAC 40 index last June.

Better valuation of assets

Vivendi is preparing to imitate Sodexo.

On Wednesday, the group announced the validation by its supervisory board of a project…

This article is reserved for subscribers.

You have 88% left to discover.

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Source: lefigaro

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