RECAP WEEK-END: Lagardère: Qatar Holding will not tender its shares to Vivendi’s takeover bid









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LAGARDERE S.A.

RECAP WEEK-END: Lagardère: Qatar Holding will not tender its shares to Vivendi’s takeover bid | Photo credits: Flickr

PARIS (Agefi-Dow Jones)–The media and distribution group Lagardère announced on Saturday that the Qatari fund Qatar Holding did not intend to tender its shares to Vivendi’s takeover bid.

“Qatar Holding LLC indicates that it does not intend to tender its Lagardère SA shares to the main or subsidiary branch of the public offer filed by Vivendi SE on February 21, 2022 and approved by the Autorité des marchés financiers on April 12, 2022 “, announced Lagardère in a press release.

Qatar Holding owns approximately 11.5% of the capital of Lagardère. The Qatari fund also said it “may consider making purchases or sales of Lagardère SA shares depending on market opportunities and/or applicable regulatory requirements,” Lagardère said.

-Julien Marion, Agefi-Dow Jones; +33 (0)1 41 27 47 94; [email protected] ed: LBO

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

May 09, 2022 00:57 ET (04:57 GMT)







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