Announced
Completed
Synopsis
M6 Group, a French media holding company, completed the acquisition of TV business of Lagardere, a multinational media conglomerate. Financial terms were not disclosed. "Following the acquisition of the radio stations RTL, RTL2 and Fun Radio, and the disposal of non-strategic assets last year (Girondins de Bordeaux and MonAlbumPhoto.fr), this project marks another significant milestone for the Group. It will cement M6’s position in the audiovisual market, making it the leader among younger viewers, while bolstering its status in on-demand TV and providing it with international exposure,” Nicolas de Tavernost, M6 Group Chairman of the Executive Board.
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