Archive · 18 Jul 2025
French Regulator Orders Vivendi Withdrawal Offer
Imagine a big company, Vivendi, was split into pieces.
The French government's market watchers said that when this happened, the person in charge, Mr. Bolloré, should have offered to buy back the shares from everyone else.
This is because the split might have unfairly helped Mr. Bolloré.
Now, he has to make an offer to buy the shares.
If enough people sell their shares, Vivendi might disappear from the stock market.
This decision came after a group of investors complained.
The situation is still ongoing because Mr. Bolloré is appealing the decision, and the stock price increased.
French markets regulator ordered a public withdrawal offer for Vivendi SE.
The ruling impacts Bolloré SE and Vincent Bolloré, the controlling figures.
The offer is triggered by the breakup of Vivendi into four parts last year.
Activist group CIAM advocated for the ruling, citing preferential treatment.
Vivendi shares saw a 7.8% increase following the announcement.
- Who
- The Autorité des Marchés Financiers, Bolloré SE, Vincent Bolloré, and Vivendi SE shareholders.
- What
- The French markets regulator ordered Bolloré SE and Vincent Bolloré to make a public withdrawal offer for Vivendi SE shares.
- When
- The ruling was announced on Friday.
- Where
- France.
- Why
- The regulator ruled that the Vivendi breakup should have triggered the offer to buy back shares.
Activist Investor's Perspective
Bolloré SE's Perspective
Fairness in Shareholder Treatment
Activist Investor's Perspective
Vivendi's breakup gave preferential treatment to Bolloré SE.
Bolloré SE's Perspective
The market breakup did not provide preferential treatment.
- Company Involved
- Vivendi SE
- Regulator
- Autorité des Marchés Financiers
- Market Value of Vivendi
- €3.24 billion ($3.8 billion)
- Share Price Change
- Jumped 7.8%
- Control
- Vincent Bolloré