EU antitrust regulators approve Vivendi, Lagardere deal

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2023-06-09 15:57:29  • 2 mins

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BRUSSELS :Vivendi, the French media conglomerate controlled by billionaire Vincent Bollore, on Friday won conditional EU antitrust approval for its acquisition of France's largest publisher Lagardere.

Vivendi last year announced the deal which would give it control of Lagardere's flagship weekly publications Journal du Dimanche (JDD) and Paris Match.

The European Commission, which acts as the competition enforcer in the 27-country European Union, said Vivendi agreed to sell its publishing unit Editis and celebrity magazine Gala to address regulatory concerns about the deal.

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