MIDAS SHARE TIPS: Should you say oui to Canal+? The French media giant debuts in London after Paris bourse snub
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Anxious shoppers looking for a last-minute stocking-filler could do worse than pick up 1,000 Years Of Annoying The French. Author Stephen Clarke’s fabulous romp through ten centuries of Anglo-French relations reveals that croissants were created by an Austrian baker, William the Conqueror was a sworn enemy of France and the guillotine was invented in Yorkshire.
![[Hit: Paddington In Peru, which stars Ben Whishaw, Olivia Colman and Hugh Bonneville, made almost £10m in its opening weekend]](https://i.dailymail.co.uk/1s/2024/12/17/22/93252767-14202653-Hit_Paddington_In_Peru_which_stars_Ben_Whishaw_Olivia_Colman_and-m-4_1734473932659.jpg)
Now, a new jibe can be added to the list – the decision by French billionaire Vincent Bollore to list the country’s flagship media business Canal+ on the London stock market, not the Paris bourse. Canal+ has been hailed as the biggest flotation in the UK for more than two years.
Valued at more than £2billion, Bollore’s decision has provided a much-needed boost to the London market, which has suffered as sentiment has turned against UK stocks and investors have increasingly poured their money into US shares. Chancellor Rachel Reeves made the most of London’s coup, inviting Canal+ boss Maxime Saada to 11 Downing Street last week and telling him how excited she was by the decision to list here.
Library: StudioCanal is behind a string of quintessentially British titles, such as Wicked Little Letters and Amy Winehouse’s life-story Back To Black (pictured). But for small investors, the key question is whether the shares will prove a glitzy addition to the UK market or a flop, like so many debuts of recent years.
