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Vivendi is considering splitting itself into three separate units to boost the share price on the Paris Euronext market.
The French firm believes its stock trades at a “significantly high conglomerate discount,” which reduces the company’s valuation and limits its “ability to carry out growth transactions for its subsidiaries.”
Vivendi’s stock trades at €9.95 Euros. It has traded in the range of €7.99 and €10.22 since Jan. 1. The stock traded as high as €13.60 (9/10/21) during the past five years.
The company’s subsidiaries include Havas ad/PR business, Canal+ Group mass media operation and an investment company with a big stake in Lagardere, publishing and travel retail group.
CEO Arnaud de Puyfontaine claims the trio is experiencing strong growth with numerous investment opportunities.
Havas is the parent of H/Advisors Abernathy, financial communications, and PA shop.
H/Advisors has offices in the US, UK, Ireland, Germany, France, Spain, Belgium, China, Australia, Singapore and Japan.
WPP chief Cindy Rose is cutting up to 1,000 jobs by the end of the year, adding to the 11K jobs lost since the start of 2025, according to a report in the Financial Times.
WPP CEO Cindy Rose declares her stabilization plan is "firmly on track" as the company reports a 4.7 percent dip in 1H revenues.
FTI Consulting reported a 2.6 percent drop in Q2 strategic communications revenues to $100M, a shortfall largely due to a $7.4M decline in pass-through revenues.
Omnicom CEO John Wren reported a 7.2 percent rise in Q2 “core operations” to $6B and a 6.1 percent spurt on an organic basis.
Publicis Groupe’s H1 net revenues inched ahead by 1.1 percent to $8.3B. Organic growth hit the 4.7 percent mark.
