Selwood Asset Management says Louis Hachette should change market listing

Louis Hachette SA

11/08/2025 09:26

PARIS, Aug 11 (Reuters) - Investment company Selwood Asset Management said on Monday that French media company Louis Hachette Group ALHG.PA should seek a new stock market listing to boost its growth, and urged Canal Plus CAN.L to also do more to get value for investors.

Selwood Asset Management owns about 1.5% of LHG's share capital and around 0.5% of TV and media company Canal Plus.

"Upgrading LHG's listing from Euronext Growth to a higher market segment would not only enhance visibility but could also, by our estimates, generate close to 30 million shares of passive demand, further supporting valuation re-rating," Karim Moussalem, Selwood's chief investment officer, said.

 (Reporting by Sudip Kar-Gupta; editing by Barbara Lewis)

 ((sudip.kargupta@thomsonreuters.com;))