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Vivendi SA and Lagardere SCA Agree EUR 1.02 Billion Canal+ Buyout


Monday, 28 Oct 2013 01:57pm EDT 

Vivendi SA announced that the mediation led by Rene Ricol under the authority of the Paris Tribunal de Commerce (commercial court) has led to an agreement under the terms of which Lagardere SCA will dispose of its 20% stake in Canal+ France for EUR 1.02 billion in cash. This agreement, which will be submitted for information to the appropriate works councils, puts an end to all disputes between the two groups related to this participation. 

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