It's a little phrase that brings a family saga to a close.
Monday, December 13, 2021, Arnaud Lagardère, heir to the empire created by his father, Jean-Luc, officially dubbed Vincent Bolloré as a new strong man.
"To all those who, like me, keep the memory of it, I say without restraint that our shareholder Vivendi and the Bolloré family live up to the legacy that Jean-Luc Lagardère has left us"
, wrote Arnaud Lagardère, in a personal capacity, in a press release.
See also
Lagardère, the last trophy on Bolloré's hunting board
By acknowledging the passing of the baton, he tries to maintain his fragile position as CEO of the group, which was assigned to him theoretically for six years in June 2021, as well as his 14% stake.
It also takes note of the acceleration of the timetable for the takeover of power by the Vivendi group over the Lagardère group.
Vivendi, shareholder with 27.6%, indicated that on December 15 it will have completed the acquisition of the 17.5% held by the Amber Capital fund, in accordance with the agreement of September 15 ...
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