At Vivendi's headquarters, it is assured that the news is not surprising. This Thursday evening, the stock exchange operator Euronext announced the departure on June 16 of Vivendi from the CAC40, after twenty-four of presence on the flagship index of the Paris Stock Exchange. "Arnaud de Puyfontaine and I knew full well that the spin-off of Universal Music Group (UMG) (in September 2021, Editor's note) would put us in this position," Yannick Bolloré, chairman of the supervisory board of the media and communication giant (Canal +, Havas, Prisma Media, etc.). "We are nevertheless very pleased with this value-creating operation for all stakeholders, and to remain in the CAC40 ESG index (created in March 2021, editor's note)," he said.
Today, Vivendi's valuation on the stock market stands at €9.19 billion. Since May 23 and the sale of many shares by Vincent Bolloré (via Compagnie de Cornouaille), it has fallen by nearly 15%. But these movements were not taken into account in Euronext's analysis, which ended in mid-May.
Now, beyond the CAC40 ESG index, the group also remains listed on Euro Stoxx Media and Euro Stoxx 50.
Vivendi is eagerly awaiting the European Commission's decision on its takeover bid for Lagardère (Hachette, Europe 1, Le Journal du dimanche, Paris Match, travel retail, etc.), which must take place before June 14. "We are currently focused on finalizing our transaction with the Lagardère group, which will make us change dimension if it is confirmed by Brussels," explains Yannick Bolloré.