Lagardere Appoints Committee for Vivendi's Proposed Takeover Bid
December 17 2021 - 12:51PM
Dow Jones News
By Giulia Petroni
Lagardere SA said Friday that it has appointed an ad hoc
committee for Vivendi SE's proposed takeover bid.
The French media company said the committee will be responsible
for monitoring the process and preparing a draft opinion for the
board of directors on the proposed offer.
It added that Joseph Oughourlian, head of Amber Capital, has
resigned as director following Vivendi's acquisition of the
activist investor's stake in Lagardere.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
December 17, 2021 12:36 ET (17:36 GMT)
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