Vivendi increases the price of its takeover bid for Lagardère


It now offers a price of 25.50 euros per share for an immediate sale or 24.10 euros for a sale until December 15, 2023.

The day after the publication of the results of the Lagardère group which brought the action to 24.26 euros, the Vivendi group decided to raise the price of its future takeover bid.

Vivendi plans to guarantee the price initially proposed of 24.10 euros until December 15, 2023 and to increase, for those shareholders wishing to sell their shares immediately, the price of its tender offer to 25.50 euros per share. , from which would be deducted the 2021 dividend of 0.50 euros to be paid by Lagardère.

Minority shareholders will therefore have the right to sell as soon as the takeover bid opens, probably on February 21, 2022, at 25.50 euros or to keep them while having the assurance of being able to sell them at 24.10 euros until December 15, 2023.



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