Report
Jerôme Bodin

Lagardere : The Arnault family acquires 25% of Lagardère LCM’s capital, Arnaud Lagardère’s holding company

>A new shareholder in Lagardère LCM, control remains with Arnaud Lagardère - According to Reuters, the Arnault family’s holding company has become a 25% shareholder of Lagardère LCM via a capital increase and share disposal. The French financial daily, Les Echos, alludes to an investment of around € 100m. Moreover, Lagardère LCM is to merge with ARJIL-ARCO (limited partnership). Note that Lagardère LCM owns 7.26% of Lagardère SCA.The press articles provide ver...
Underlying
Lagardere SCA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Jerôme Bodin

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