Daniel Kretinsky - celebsbar.com

Royal Mail owner International Distribution Services has seen shares soar even higher after it was revealed the group rejected a takeover approach from shareholder and Czech billionaire Daniel Kretinsky.

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Vivendi Enters Exclusive Talks With Figaro to Sell Gala Magazine

Elsa Keslassy International Correspondent Vivendi has entered into exclusive negotiations with Figaro Group, the company behind one of France’s leading national newspapers, to sell its stake in Gala magazine. The sale of Gala is one of two antitrust requirements imposed by the European Commission to allow Vivendi to complete its acquisition of French media banner Lagardère Group, the parent company of Hachette Livres. The other antitrust commitment has led Vivendi to sell 100% of its publishing banner Editis to a subsidiary of Czech Media Invest (CMI) founded by Daniel Kretinsky. Editis is home to Robert Laffont, Plon and Julliard, among others. Gala magazine, a popular French title similar to People Magazine, boasts a daily edition during the Cannes Film Festival and belongs to Prisma Media, which is itself owned by Vivendi.

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Vivendi Media & Entertainment Empire Set For Major Expansion As European Commission Approves Lagardère Acquisition

The European Commission has given the greenlight for French conglom Vivendi’s acquisition of the Lagardère Group.

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Vivendi Gets European Commission’s Approval to Acquire French Media, Publishing Giant Lagardere

Elsa Keslassy International Correspondent Vivendi, the parent company of Canal+ Group, has received the green light from the European Commission to proceed with the acquisition of Lagardère, the French media, publishing and travel retail conglomerate. This European Commission has given its approval under Vivendi’s two proposed commitments, starting with the sale of 100% of the share capital of its publishing group Editis, as well as the full sale of Gala magazine. Vivendi said it expects to close both deals by the end of October. It entered into exclusive negotiations to sell Editis to a subsidiary of Czech Media Invest (CMI) founded by Daniel Kretinsky, in March. With the acquisition of Lagardère group, Vivendi’s payroll will rise to 66,000 employees compared to 38,000 at the end of December 2022, with a stronger presence in key markets such as France, the U.K., Spain and the US.

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‘My King Charles’ Doc Picked Up Around The World; Vivendi Sells Publishing Unit; Gravitas Ventures Buys ‘The Reaper Man’ – Global Briefs

‘My King Charles’ Doc Picked Up Around The World

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Vivendi in Negotiations to Sell Publishing House Editis to Daniel Kretinsky’s Czech Media Invest

Elsa Keslassy International Correspondent Vivendi has entered into exclusive negotiations to sell 100% of its publishing house Editis to a subsidiary of Czech Media Invest (CMI) founded by Daniel Kretinsky. Following its latest board meeting on March 8, Vivendi said it has received several bids for the sale of Editis and has chosen the offer brought by International Media Invest, a subsidiary of Kretinsky’s CMI. The deal would have to be approved by the European Commission. Vivendi said the “plan is to distribute the Editis shares to the Vivendi shareholders, and their listing on the Euronext Growth market, is put on hold.” Editis’ evenues dropped by 8% to €789 million in 2022, according to Vivendi. The Paris-based banner is home to Robert Laffont, Plon and Julliard, among others.