Lagardère Finalises the Sale of Lagardère Sports to H.I.G. Capital
April 22 2020 - 4:37PM
Business Wire
Regulatory News:
As part of its strategic refocusing, and as announced on 16
December 2019, today the Lagardère group (Paris:MMB) finalised the
sale of Lagardère Sports to H.I.G. Capital.
This disposal sees Lagardère take a further decisive step in its
strategy of concentrating all efforts and resources on developing
Lagardère Publishing and Lagardère Travel Retail.
***
Created in 1992, Lagardère is an international group with
operations in more than 40 countries worldwide. It employs over
30,000 people and generated revenue of €7,211 million in 2019.
In 2018, the Group launched its strategic refocusing around two
priority divisions: Lagardère Publishing (Book and e-Publishing,
Mobile and Board games) and Lagardère Travel Retail (Travel
Essentials, Duty Free & Fashion, Foodservice).
The Group’s operating assets also include Lagardère News and
Lagardère Live Entertainment.
Lagardère shares are listed on Euronext Paris
www.lagardere.com
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version on businesswire.com: https://www.businesswire.com/news/home/20200422006002/en/
Press Contacts Thierry
FUNCK-BRENTANO tel. +33 1 40 69 16 34 tfb@lagardere.fr
Ramzi KHIROUN tel. +33 1 40 69 16 33 rk@lagardere.fr
Investor Relations Contact Emmanuel
RAPIN tel. +33 1 40 69 17 45 erapin@lagardere.fr
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