NEWS: Spinoffs of French tycoon’s media empire make market debut

Spinoffs of French tycoon's media empire make market debut

French media tycoon Vincent Bollore is close to far-right French politicians.
Photo: Alain JOCARD / AFP/File
Source: AFP

Three spinoffs from French right-wing tycoon Vincent Bollore’s Vivendi media empire debuted on stock markets on Monday, with mixed results as shares in the Canal+ television and film group tanked in London.

Bollore, who has invested heavily in conservative newspapers and TV channels, successfully pushed through the break up of Vivendi, which he believes will increase…

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