Vivendi Has Acquired Amber Capital's Stake in French Media Group LagardAre.

MANews-(C)2009-2021

France-based media, content and communications group Vivendi (PAR: VIV) has acquired 24,685,108 LagardÃre shares from Amber Capital at a price of EUR 24.10 per share, the company said.

Vivendi now owns 63,693,239 LagardÃre shares corresponding to 45.13% of the share capital.

In February 2022 Vivendi will file a public tender offer for all LagardÃre shares at EUR 24.10 per share, identical to the price per share paid to Amber Capital.

Since 2014, Vivendi has built a media, content and communications group.

The group owns leading, strongly complementary assets in television and movies (Canal+ Group), communications (Havas Group), publishing (Editis), magazines (Prisma Media), video games (Gameloft), live entertainment and ticketing (Vivendi Village).

It also owns a global digital content...

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