Lagardere : Negotiations to break up Hachette and end limited share partnership?
>Is an agreement on the group’s structure on the cards? - According to the website of BFMTV, talks are underway between Lagardère Capital (73% Arnaud Lagardère and 27% Groupe Arnault) and Vivendi on two points: 1/ a break-up of Lagardère Publishing with the sale of the international division to Vivendi; and 2/ the phasing out of the limited share partnership status and the allocation of around 10% of the capital to Lagardère Capital. The agreement reportedly includes ...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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