France's Top Court Orders Retrial in Vivendi Ownership Dispute

France's Cour de Cassation has overturned a previous ruling against the Bolloré family, demanding a retrial in the ongoing Vivendi ownership conflict. This decision prolongs the uncertainty about whether the family must proceed with a buyout of minority shareholders, following claims of exercising 'de facto control.'

France's top court has set the stage for further legal battles by overturning a ruling against the Bolloré family in a contentious dispute over Vivendi's ownership.

The Cour de Cassation's decision on Friday annuls an earlier appeals court finding that accused the family of holding 'de facto control' post-2024 breakup.

With the case now referred to a different Paris appeals court, speculation continues over a potential multi-billion-euro buyout of minority stakeholders. The ruling extends uncertainty and delays resolution for the involved parties.

(With inputs from agencies.)