Vivendi and Lagardere agree on terms for disposal of 20% share in Canal+ France

The Vivendi and Lagardere Groups announced the successful outcome of the mediation led by Rene Ricol under the authority of the Paris Tribunal de Commerce and the terms agreed concerning the disposal by Lagardere Group of its 20% stake in Canal+ France for Euro 1.020 billion in cash.

This agreement, which will be submitted for information to the appropriate works councils, puts an end to all disputes between the two groups related to this participation.

The Lagardere and Canal+ Groups will continue to pursue their cooperation in program production and the publishing and distribution of television channels.

DTG Staff  |  29.10.2013

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