Canal+ falls on flagging subscription price hikes if French VAT increase becomes law
Yesterday 08:32
BUZZ-Canal+ falls on flagging subscription price hikes if French VAT increase becomes law
** Shares of French pay-TV and media group Canal+ CAN.L fall 3.9% to 232.6 p
** Co says it plans to raise subscription prices if the proposed French VAT increase is enacted into law, as part of efforts to offset the financial impact of the measure
** YTD, stock has fallen ~12%
(Reporting by Tuhina)