Business & FinanceDeals
19 April 2023, 4:39 pm 1 minute
Sources exclusively shared with Reuters that French media conglomerate Vivendi (VIV.PA) is set to win EU antitrust approval to buy Lagardere (LAGA.PA) after its offer to sell Editis and celebrity magazine Gala managed to address competition concerns.
Market Impact
Vivendi, controlled by billionaire Vincent Bollore, announced the deal last year which would give it control of Lagardere’s flagship weekly publications Journal du Dimanche (JDD) and Paris Match.
Article Tags
Topics of Interest: Business & FinanceDeals
Type: Reuters Best
Sectors: Business & FinanceMedia
Regions: Europe
Countries: France
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story