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Vivendi Rebounds as Chairman’s Vehicle Lifts Stake

July 26, 2023
in Trade Tube
Reading Time: 1 min read
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European stock indices edge higher on Tuesday, helped by a strong performance on Wall Street on Monday and better-than-expected data from the euro-zone’s largest economy. In London Barclays declines after a bottom-line loss because of provisions related to probes of its Forex operations but in Paris media group Vivendi rebounds, aided by news of share buying by a vehicle of its chairman. In Lisbon lenders BPI and BCP leap on reports Isabel dos Santos, BPI’s No. 2 shareholder and reputedly Africa’s richest woman, wants to engineer a merger of the two banks.

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