EU Clears Vivendi’s Acquisition of Lagardère with Conditions
The European Commission has announced its approval of French media group Vivendi’s complete acquisition of Lagardère, a French publishing and retail conglomerate, subject to certain conditions. The clearance is contingent on Vivendi divesting its Editis publishing business, which competes with Lagardère’s Hachette unit, and its Gala celebrity magazine, which rivals Lagardère’s Paris Match. These conditions […]
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