Latest news of lagardère

Vivendi is planning to make a bid for publishing and travel retail giant Lagardère if regulators approve its plan to buy out Amber Capital’s stake, a deal that would create one of Europe’s biggest media companies.

The acquisition followed the recent sale of 10% of the company's 100% share capital of Universal Music Group (UMG) for an enterprise value of €30 billion. It was brought up by Lagardère’ and former French president Nicolas Sarkozy served as an intermediary, and A price for the deal has not been revealed.