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Finance

Havas, Louis Hachette rise on market debut post Vivendi breakup

Published by Global Banking & Finance Review

Posted on December 16, 2024

1 min read

· Last updated: January 27, 2026

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(Reuters) - Advertiser Havas and publisher Louis Hachette Group started trading in Amsterdam and Paris on Monday after being spun off from French media conglomerate Vivendi. Louis Hachette opened at

Havas and Louis Hachette See Gains on Market Debut

(Reuters) - Advertiser Havas and publisher Louis Hachette Group started trading in Amsterdam and Paris on Monday after being spun off from French media conglomerate Vivendi.

Louis Hachette opened at 1.20 euro per share and was up nearly 25% at 1.40 euro by 0812 GMT compared to its reference price.

Havas opened at 1.80 euro per share and rose almost 7% from the reference price to 1.91 euro by 0812 GMT.

(Reporting by Leo Marchandon and Gianluca Lo Nostro in Gdansk; Editing by Milla Nissi)

Key Takeaways

Havas and Louis Hachette began trading after Vivendi spin-off.
Louis Hachette shares rose nearly 25% from the reference price.
Havas shares increased by almost 7% from the reference price.
Both companies are trading in Amsterdam and Paris.
The market debut follows Vivendi's strategic breakup.

Frequently Asked Questions

What is the main topic?

The article discusses the market debut of Havas and Louis Hachette following their spin-off from Vivendi.

How did Louis Hachette perform on debut?

Louis Hachette shares rose nearly 25% from their reference price on market debut.

Where are Havas and Louis Hachette trading?

Both companies are trading on the stock exchanges in Amsterdam and Paris.

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