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Announced

Completed

Vivendi completed the acquisition of a 10.6% stake in Lagardère.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For11%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Public

Minority

Friendly

Acquisition

France

distribution

broadcasting

production

Radio and TV Broadcasters

Publishing

Single Bidder

Domestic

Completed

Synopsis

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Vivendi, a French media conglomerate, completed the acquisition of a 10.6% stake in Lagardère, a content publishing, production, broadcasting company. Financial terms were not disclosed. This acquisition is a long-term financial investment reflecting Vivendi’s confidence in the future prospects of the French group which enjoys international leadership positions in its businesses and which, like many others, is experiencing difficult times at the moment.

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