Brief: Lagardere's Board Authorises Preliminary MoU On Paris Match Sale to LVMH
22/05/2024 17:04
May 22 (Reuters) - Lagardere SA LAGA.PA :
* BOD AUTHORISES SIGNATURE OF PRELIMINARY MOU AND
CONTINUATION OF
EXCLUSIVE NEGOTIATIONS WITH LVMH FOR SALE OF PARIS MATCH
* MOU PROVIDES FOR SALE OF PARIS MATCH ON BASIS OF AN
ENTERPRISE
VALUE OF €120,000,000.
* SALE COULD BE COMPLETED AT THE END OF SEPTEMBER 2024
Source text: https://tinyurl.com/5d5fuphp
Further company coverage: LAGA.PA
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