Vivendi Purchases 10% of Lagardère

Vivendi, which owns Editis, France's second-largest publishing group, has purchased 10.6% of Lagardère, which owns Hachette Livre, France's largest publishing company. Vivendi said it made the investment to show "confidence" in the company despite it facing challenges due to the coronavirus crisis.

Lagardère is facing a possible boardroom upheaval, as the leadership of Arnaud Lagardère is being questioned by Amber Capitol, one of the group's largest shareholders, who is calling for a review of management at the general assembly of investors scheduled for May 5.

X
Stay ahead with
Tip Sheet!
Free newsletter: the hottest new books, features and more
X
X
Email Address

Password

Log In Lost Password

Parts of this site are only available to paying PW subscribers. Subscribers: to set up your digital access click here.

To subscribe, click here.

PW “All Access” site license members have access to PW’s subscriber-only website content. Simply close and relaunch your preferred browser to log-in. To find out more about PW’s site license subscription options please email: pw@pubservice.com.

If you have questions or need assistance setting up your account please email pw@pubservice.com or call 1-800-278-2991 (U.S.) or 1-818-487-2069 (all other countries), Monday-Friday between 5am and 5pm Pacific time for assistance.

Not Registered? Click here.
X