Lagardere says Canal + talks with Vivendi ongoing

PARIS Mon Oct 28, 2013 3:21am EDT

PARIS Oct 28 (Reuters) - French media groups Lagardere and Vivendi are still in talks over the fate of pay-television operator Canal +, Lagardere said on Monday, after press reports said Lagardere had agreed to sell its stake to its rival.

Lagardere said in a one-line statement that there were "ongoing discussions with Vivendi" in order to come to an agreement.

Press reports over the weekend said that a deal had been struck for Vivendi to buy Lagardere's 20-percent stake. (Reporting by Lionel Laurent, Editing by Natalie Huet)

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