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Lagardere SA (MMB.PA)

Paris - Paris Delayed Price. Currency in EUR
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23.08-0.08 (-0.35%)
At close: 05:35PM CET
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  • 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.

  • Investing.com

    European Stocks Higher; Lagardere Soars After Vivendi Buys Stake

    Additionally, gold futures fell 0.4% to $1,787.35/oz, while EUR/USD traded 0.3% lower at 1.1782.

  • Reuters

    Vivendi paves way for Lagardere takeover, adding to media empire

    PARIS (Reuters) -Vivendi said on Wednesday it was set to purchase another stake in Paris Match magazine owner Lagardere, paving the way for a full takeover which would extend the influence of its controlling shareholder, Vincent Bollore, over France's media landscape. Canal+ owner Vivendi , which already has 27% of Lagardere, said it had agreed to buy Amber Capital's 17.9% holding, for 24.10 euros per share or around 610 million euros ($720.3 million). It said it would later launch a full bid for Lagardere at the same price, once it has passed the 30% threshold requiring companies in France to make a takeover offer.