in

LVMH in Exclusive Talks With Lagardere for Paris Match Magazine

LVMH in Exclusive Talks With Lagardere for Paris Match Magazine

Luxury giant LVMH is in talks to buy French magazine Paris Match from media conglomerate Lagardere SA, which is majority controlled by Vincent Bollore’s Vivendi.

The owner of Louis Vuitton approached Lagardere with a bid and its board decided to pursue exclusive talks, the publisher said in its earnings statement on Tuesday. The company, whose businesses also include travel retail, was taken over by Vivendi last year.

A sale would expand the…


Posted by Editor

Mysterious 'gas leak' at Sweden's intelligence HQ puts seven people in hospital, three days before the country is expected to clear final NATO membership hurdle

esophagus

How new drug approvals are reshaping treatment for eosinophilic esophagitis