Vivendi Owns 26.7% of Lagardère
October 01 2020 - 1:09PM
Dow Jones News
Regulatory News:
Vivendi (Paris:VIV) announced today that it has crossed the 25%
threshold in Lagardère SCA's share capital and 20% of its voting
rights. As of September 30, 2020, the Group owns 26.7% of the
company's share capital and 20.2% of its voting rights.
About Vivendi
Since 2014, Vivendi has been focused on building a world-class
content, media and communications group with European roots. In
content creation, Vivendi owns powerful, complementary assets in
music (Universal Music Group), movies and series (Canal+ Group),
publishing (Editis) and games (Gameloft) which are the most popular
forms of entertainment content in the world today. In the
distribution market, Vivendi has acquired the Dailymotion platform
and repositioned it to create a new digital showcase for its
content. The Group has also joined forces with several telecom
operators and platforms to maximize the reach of its distribution
networks. In communications, through Havas. the Group possesses
unique creative expertise in promoting free content and producing
short formats, which are increasingly viewed on mobile devices. In
addition, through Vivendi Village, the Group explores new forms of
business in live entertainment, franchises and ticketing that are
complementary to its core activities. Vivendi's various businesses
cohesively work together as an integrated industrial group to
create greater value. www.vivendi.com
View source version on businesswire.com:
https://www.businesswire.com/news/home/20201001005931/en/
CONTACT:
Vivendi
SOURCE: Vivendi
Copyright Business Wire 2020
(END) Dow Jones Newswires
October 01, 2020 12:54 ET (16:54 GMT)
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