The Lagardère Group Enters into an Agreement to Sell Its 25% Stake in the
Amaury Group for €91.4Million
PARIS -- April 2, 2013
The Lagardère group (Paris:MMB) 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 €91.4million.
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.
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.
Thierry FUNCK-BRENTANO, +33 (1) 40 69 16 34
Ramzi KHIROUN, +33 (1) 40 69 16 33
Anthony MELLOR, +33 (1) 40 69 18 02
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