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Vivendi signs deal to purchase majority stake in Havas

Wednesday 7 June 2017 | 09:44 CET | News
Following the announcement on 12 May, Vivendi has now signed the agreement to purchase a 60 percent stake in advertising group Havas from Groupe Bollore, subject to regulatory approval. The EUR 9.25 per share price initially indicated in the letter of intent was confirmed, said the company, and a simplified tender offer will be launched for the remaining Havas shares.

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Categories: Broadcast & Satellite
Companies: Vivendi
Countries: France / World
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