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Lagardere SA (MMB.PA)

Paris - Paris Delayed Price. Currency in EUR
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24.18+0.10 (+0.42%)
At close: 05:35PM CET
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  • Motley Fool

    Vivendi Plans Takeover Bid for Lagardère SA

    Call it a corporate coup d'état, to borrow a fitting French phrase. Paris-based media conglomerate Vivendi said Thursday it will launch a takeover...

  • Reuters

    Vivendi accelerates Lagardere purchase, extending media empire

    PARIS (Reuters) -Vivendi will buy activist fund Amber's stake in Paris Match owner Lagardere "in the coming days," it said on Thursday, accelerating a deal that would extend its influence over French media ahead of next year's presidential election. Vivendi announced in September its plan to acquire Amber's almost 18% stake in Lagardere for 24.10 euros per share and then file a full takeover offer at the same price. "Recent analyses carried out by Vivendi have led the company to consider that this acquisition could take place now," it said in a statement.

  • Reuters

    Lagardere share price jumps 20% after Vivendi increases stake

    Shares in France's Lagardere surged 20% on Thursday after media group Vivendi said it would buy another stake in the company, paving the way for a full takeover. Canal+ owner Vivendi, which already owns 27% of Lagardere, said it had agreed to buy Amber Capital's 17.9% holding for 24.10 euros per share, or about 610 million euros ($718.95 million). Vivendi said it would later launch a full bid at the same price once it has passed the 30% threshold requiring companies in France to make a takeover offer.