From April 14 to May 20, Vivendi is launching a takeover bid on the 55% stake in Lagardère that it does not yet hold.
Vincent Bolloré's group will present its proposed merger between Hachette and Vivendi to the European Commission at the end of April.
He wants to build a world leader in publishing.
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LE FIGARO.- Why are you launching a takeover bid for Lagardère?
ARNAUD DE PUYFONTAINE.
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This offer for the capital of Lagardère is in line with the strategy of the Vivendi group.
We want to build a major French group with European culture and global reach in the creation, production and distribution of cultural content.
This merger will allow us to pursue our strong industrial ambitions with significant investments in quality content.
Our project is a modern and ambitious project.
Moreover, from the moment we acquired the stake in Amber Capital, we greatly exceeded the threshold of 30% of Lagardère's capital and that...
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