Lagardere : Does Groupe Arnault have a long-term strategic interest in Lagardère SCA?
>We think that Groupe Arnault entered Lagardère SCA’s capital in order to stay there - A large part of the consensus thinks that Groupe Arnault’s (Financière Agache) investment in Lagardère SCA is purely tactical. In their view, the group has only positioned itself on this asset in order to benefit from any potential restructuring and to generate a capital gain on the acquired shares. We do not agree with this viewpoint and think that Lagardère SCA could be far more s...Lagardere Groupe is a holding company. Through its subsidiaries, Co. is engaged in the media industry (news, education, culture and entertainment businesses). Co.'s main activities in the media industry can be divided into four separate divisions. Lagardere Publishing includes Co.'s Book Publishing and e-Publishing businesses. Lagardere Active encompasses Co.'s Magazine Publishing, Audiovisual (Radio, Television, Audiovisual Production), Digital and Advertising Sales Brokerage businesses. Lagardere Services encompasses the Travel Retail and Distribution businesses. Lagardere Unlimited specializes in sports and entertainment.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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