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Vivendi holds 55.43% of the capital of Lagardère

(AOF) – Vivendi has taken note with satisfaction of the result of the first period of its friendly takeover bid (OPA) for the shares of the Lagardère group open from April 14 to May 20, 2022. The media group holds 55.43 % of the capital and 45.85% of the theoretical voting rights of Lagardère. However, this stake will only give Vivendi 22.50% of the voting rights pending authorization of the takeover of Lagardère by the competition authorities. The settlement-delivery of the public offer will take place on June 7, 2022.

The takeover bid will be reopened from May 27 to June 9, 2022 under identical terms to the first offer period.

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