After the trauma of the 2020 crisis, the Lagardère group finally raised its head in 2021. But too late!
Because in the meantime, Vivendi took advantage of the economic air pocket and a Homeric battle of shareholders, to pick up the stakes.
By the end of February, the group led by Vincent Bolloré, which already controls 45.1% of the capital after the buyout of 17.9% of the Amber Capital fund, will launch a takeover bid for the rest of the group's securities. Lagardère at 24.10 euros per share.
He thus put an end to the reign of the father and son Lagardère dynasty.
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Lagardère recovers for the benefit of Vivendi
In 2021, the Lagardère group benefited from a record year in publishing and the recovery of its Travel Retail division, which is benefiting from the timid recovery in air transport.
Publishing, with Hachette Livre, world number three and number one in France for publishing, saw its activity grow by 9.5%, to 2.59 billion euros.
A level 7.3% higher than in 2019. On the other hand, the group's second pillar, Lagardère Travel Retail, which…
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