Announced
Completed
Financials
Sources
Tags
Public
Minority
Friendly
Acquisition
France
distribution
broadcasting
production
Radio and TV Broadcasters
Publishing
Single Bidder
Domestic
Completed
Synopsis
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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