Posted Feb 18 2022 at 15:51Updated Feb 18. 2022 at 16:55
Vivendi plans to improve the terms of its offer for the Lagardère group. The French media giant, controlled by the Bolloré group, wants to offer a “bonus” for Lagardère shareholders who agree to sell their shares quickly when launching its takeover bid.
Vivendi, which already owns just over 45% of the capital of Lagardère (Hachette, “Le JDD”, “Paris Match”, Relay H, etc.), has thus decided to raise the price it is considering for its offer to 25, 50 euros per share, from which the dividend for 2021 would be deducted, “for those shareholders wishing to sell their shares immediately”, according to a press release published on Friday which pulled up the Lagardère share to 25.30 euros (+ 5% ).
