The Lagardère group (LGDDF.PK) announced it has entered into an agreement providing for the sale of its stake of nearly 25% in Les Éditions P.Amaury, the holding company of the Amaury group, for a total price of 91.4 million euros.
Lagardère said the disposal will take place via the capital reduction carried out by Les Éditions P. Amaury through the buyback of its own shares from the Lagardère group, once the deal has been approved by the Board and the General Shareholders' Meeting of Les Éditions P. Amaury.
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