PARIS (Reuters) – Vivendi owns a 55.43% stake in Lagardère as well as 45.85% of voting shares following a takeover bid, Autorité des Marchés financiers (AMF) said on Wednesday.
In the financial notice, AMF indicates that the Vivendi offer will be open from May 27 to June 9. The final result of the proposal is due on June 14, Vivendi said in a press release.
Last February, Vivendi raised the price of its Lagardère takeover bid to €25.50 per share.
(Report by Mathieu Protard, edited by Jean-Michel Belo)