Reuters 24 October 2012
Lagardere is preparing a fresh attempt to list its 20 percent stake in pay-TV operator Canal+ France, a person familiar with the matter said.
Lagardere was aiming to list the stake last year but abandoned the operation in March just as marketing to investors was set to begin because of market volatility following the Fukushima nuclear disaster in Japan.
It recently re-hired the same banks to advise it on the IPO, specifically BNP Paribas and JPMorgan, the person said. Lagardere could not be reached for comment.
French media and telecoms group Vivendi owns 80 percent of Canal+ France, and the two sides have in the past held talks about Vivendi buying out Lagardere but were not able to agree on valuation.
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