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Finance

Canal + in exclusive talks to buy minority stake in cinema chain UGC

Published by Global Banking & Finance Review

Posted on September 2, 2025

1 min read

· Last updated: January 22, 2026

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Canal + Enters Exclusive Talks to Acquire 34% of UGC Cinema Chain

PARIS (Reuters) -French pay-TV company Canal + said on Tuesday that it was in exclusive negotiations to buy a 34% stake in UGC, one of the largest cinema chains in France, for an undisclosed amount.

Following the acquisition, Canal + will have an option to take full control of UGC from 2028, the statement said.

Canal + was spun off from French media group Vivendi in December and listed in London.

(Reporting by Dominique Vidalon)

Key Takeaways

Canal + is in talks to acquire a 34% stake in UGC.
UGC is one of the largest cinema chains in France.
The deal includes an option for Canal + to take full control by 2028.
Canal + was recently spun off from Vivendi.
The company is now listed in London.

Frequently Asked Questions

What percentage of UGC is Canal + negotiating to acquire?

Canal + is in exclusive negotiations to buy a 34% stake in UGC.

When will Canal + have the option to take full control of UGC?

Following the acquisition, Canal + will have an option to take full control of UGC from 2028.

What company is Canal + spun off from?

Canal + was spun off from the French media group Vivendi in December.

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Canal + in exclusive talks to buy minority stake in cinema chain UGC

Canal + Enters Exclusive Talks to Acquire 34% of UGC Cinema Chain

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