what is the value of Vivendi post UMG?21 Sep 2021 17:35
On the day that Universal was floated off, the sp of Vivendi has sunk like a stone. So where will it go? Its hard to believe that it will fall much lower than 10€ but lets not tempt fate! Vivendi owns 10% of UMG worth 4+billion $. So the remaining assets Canal+, Havas etc are valued at 6/7 billion € - that seems to be on the low side. If one takes into account Bolloré's desire to take complete control of Vivendi, it would seem likely that a buyout maybe coming. All in all I'm optimistic that the share will rerate accordingly.