The media and industrial conglomerate, which notified Canal Plus of its plans in July, is expected to publish a prospectus based on the company’s results to the end of September rather than wait for the year-end.
According to Reuters, BNP Paribas and JP Morgan are advising Lagardère, while Nomura and Société Générale are advising Canal Plus majority owner Vivendi.
Lagardère initially tried to launch an IPO of the stake early last year, but was forced to abort the process as a result of unfavourable market conditions in the wake of the Fukushima earthquake.
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20 June 2021 @ 13:38:00 UTC