Lagardere : ViacomCBS says that Simon&Schuster is not strategic, might Lagardère be interested?
>ViacomCBS no longer considers Simon&Schuster to be strategic - According to various press sources, ViacomCBS’ CEO announced that the group was considering strategic alternatives for wholly-owned publishing group Simon&Schuster. He reportedly said that he would wait for the markets to stabilise to sell this asset. ViacomCBS is believed to be looking for valuation of at least $ 1.2bn. This is an important announcement as it is the first time that ViacomCBS has said th...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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