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(CercleFinance.com) – Lagardère and LVMH announce the finalization of the sale of Paris Match which joins the luxury group, transaction carried out under the conditions previously announced, ‘opening a new page in the history’ of the weekly created in March 1949 .
‘By joining the ranks of the prestigious houses of the LVMH group, Paris Match will benefit from a solid platform to innovate and continue its development and diversification, both in print and digital,’ they explain.
This new house will be chaired by Jean-Jacques Guiony, financial director of the LVMH group. Pierre-Emmanuel Ferrand becomes general director of Paris Match and Jérôme Béglé remains at the head of the editorial team.
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