
Shares in the film and TV production company behind the Paddington movies launched on the London stock exchange today in a rare boost for the City’s moribund IPO market.
French owned CANAL+ makes it debut in London after being spun out by its owner, the media conglomerate Vivendi, which is breaking itself up into three main separate operations: CANAL+; communications and marketing group Havas; and publishing division Louis Hachette Group.