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LAGARDÈRE CONFIRMS PLANS TO CONVERT TO A LIMITED COMPANY

LAGARDÈRE CONFIRMS PLANS TO CONVERT TO A LIMITED COMPANY

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The Lagardère group confirmed on Monday that it is studying a project to transform itself into a public limited company, currently under discussion with its main shareholders. Among them, Vincent Bolloré, Lagardère’s largest shareholder via Vivendi, and Bernard Arnault, the CEO of LVMH.

 

“There is no certainty about the outcome of the ongoing discussions,” the group said in a statement.

 

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