During yesterday’s presentation of third quarter results, Arnaud Lagardère denied rumors circulating in French media that he had been negotiating the sale of Hachette’s international business to Vivendi. “There are no negotiations on any disposal of the group; no negotiations on any change of limited partnership currently,” said Mr. Lagardere, then added, “Obviously, we’re having some discussions with all the shareholders because it is good governance.” But according to French station BMF-TV, and consistent with speculation that we have covered for a while now, Mr. Lagardere, and investors Bernard Arnault of LVMH and Vincent Bollore of Vivendi have been in […]
