Vivendi takes “full” management of Lagardère | EUROtoday
Lhe media group Vivendi has introduced that it’s finalizing its merger with Lagardère, its present rival. It due to this fact holds “around 60%” of the capital and “can now fully exercise a little more than 50% of the voting rights”, in line with a press launch from the group.
This finalization should full an operation begun a number of years in the past. The Bolloré household, which controls the group, will due to this fact enter a brand new dimension by turning into “a world leader in publishing”, thanks particularly to the acquisition of Hachette Livre. Vivendi can also be a pacesetter in journey retail (distribution in stations and airports) and owns a number of nationwide media (the JDD, Paris Match, Europe 1).
More info to return…