As the Vivendi Group (owner of Universal and Editis) is launching a takeover bid for the entire Lagardère group, the future of the retail branch may follow options of a global sale or breaking up the business activities.
As the Vivendi Group (owner of Universal and Editis) increases their stake in Lagardère from 27% to 45%, launching a takeover bid for the entire group, several scenarios are emerging for Lagardère’s retail division.
“As a media specialist, Vincent Bolloré is interested in publishing. From an operational point of view, there is no problem in separating the publishing and retail businesses, which do not have any particular synergies,” said a source close to company “I expect travel retail to...
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