FRENCH COURT HEARS OPENING ARGUMENTS IN BOLLORÉ/VIVENDI BREAK-UP DISPUTE
https://media.zenfs.com/en/reuters-finance.com/8a4e284104e9053b465603e892f9f7a9
✍️ France's highest civil court is hearing a dispute between the Bolloré family and minority shareholders of Vivendi over control of the company.
👉 The Bolloré family owns 29.9% of Vivendi, but argues it does not control the company 👉 The Paris Court of Appeal ruled that the family exercises effective control due to its influence over the company 👉 The case has implications for corporate governance in France 👉 A compulsory buyout of minority shareholders could result if the court rules in favor of the Bolloré family
-- #VincentBolloré #AlainBenabent #PatriceSpinosi #MattScuffham #France #Gdansk #Paris #business
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