|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||22.88 - 23.18|
|52 Week Range||18.60 - 24.62|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 07, 2020|
|1y Target Est||N/A|
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.
Additionally, gold futures fell 0.4% to $1,787.35/oz, while EUR/USD traded 0.3% lower at 1.1782.
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.