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Lagardère, the end of the family empire

2023-06-09T16:34:02.082Z

Highlights: Vivendi's takeover bid marks the end of an era for the group built by Jean-Luc Lagardère. The heir Arnaud has, for the moment, managed to stay in control. But for how long?. The green light granted by Brussels to Vivendi's. takeover bid (Canal+, Havas, Prisma..) (at a price of €24.10 per share) acts the demotion. of the former family empire into a. subsidiary of a group, controlled by the Bolloré family.


Vivendi's takeover bid marks the end of an era for the group built by Jean-Luc Lagardère. The heir Arnaud has, for the moment, managed to stay in control. But for how long?


A few steps from the Champs-Élysées, to those who pass in his office overlooking the Arc-de-Triomphe, Arnaud Lagardère likes to tell an old urban legend, from the chair of his late father Jean-Luc. That of his unexpected nocturnal meetings with his new friend Vincent Bolloré, in the heart of the very chic Villa Montmorency, at a time when the two men are taking down the garbage. It is another resident of the posh enclave of the sixteenth arrondissement of Paris and old friend of the family, former president Nicolas Sarkozy, who had put on the clothes of a matchmaker in the aftermath of the pandemic to save the soldier Lagardère, on the ground.

After three decades of solo adventures, this Friday, June 9, 2023 marks the end of an era for the Lagardère group. The green light granted by Brussels to Vivendi's takeover bid (Canal+, Havas, Prisma..) (at a price of €24.10 per share) acts the demotion of the former family empire into a subsidiary of a group, controlled by the Bolloré family. "The bets...

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Source: lefigaro

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