Lagardere predicts Canal Plus IPO
French media group Lagardere will sell its stake in pay-TV group Canal+ France in an initial public offering (IPO) in spring 2011, its Chief Financial Officer Dominique d’Hinnin has stated. D’Hinnin told investors that Canal+’s majority owner Vivendi had never responded to a price proposal Lagardere had sent early this year, and there had been […]