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General

Vivendi acquires 10.6% stake in French media group Lagardere

Wednesday 22 April 2020 | 11:48 CET | News
Vivendi announced that it has taken a 10.6 percent stake in French-based media conglomerate Lagardere, describing the move as a long-term financial investment reflecting confidence in a group that is currently experiencing difficult times. This follows Vivendi's recent sale of a 10 percent stake in its Universal Music Group subsidiary to a consortium led by Tencent.

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Categories: General
Companies: Lagardere / Vivendi
Countries: France / World
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