Press releases
Agreement with the Amaury group
Corporate & other activities, Finance
Paris, April 2, 2013
The Lagardère group has just entered into an agreement providing for the sale of its stake of nearly 25% in Les Éditions P.Amaury, the holding company of the Amaury group (media and organisation of sporting events), for a total price of €91.4 million.
This disposal will take place via the capital reduction carried out by Les Éditions P. Amaury through the buyback of its own shares from the Lagardère group, once the deal has been approved by the Board of Directors and the General Shareholders’ Meeting of Les Éditions P. Amaury.
Press Contacts
Thierry Funck-Brentano - tel. +33 1 40 69 16 34 - tfb@lagardere.fr
Ramzi Khiroun - tel. +33 1 40 69 16 33 - rk@lagardere.fr
Anthony Mellor - tel. +33 1 40 69 18 02 - amellor@lagardere.fr
Lagardère is a world-class pure-play media group (Book and e-Publishing; Press, Audiovisual, Digital and Advertising Sales Brokerage; Travel Retail and Distribution; Sport Industry and Entertainment).
With a holding of around 7.5%, Lagardère jointly controls EADS.
Lagardère shares are listed on Euronext Paris.
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