Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Dassault group says has no plans to sell Le Figaro newspaper

Published 11/20/2021, 08:40 AM
Updated 11/20/2021, 08:45 AM
© Reuters. Outside view of the French daily newspaper Le Figaro headquarters in Paris, France, May 3, 2018. REUTERS/Charles Platiau

PARIS (Reuters) - The Dassault group on Saturday denied having any plans to sell Le Figaro newspaper after French media website Mediapart reported that French tycoon Vincent Bollore has started negotiations to gain control of the publication.

"It is total brainwashing. It has never been in the group's plans to part with Le Figaro," Rudi Roussilon, a representative for the Dassault group told Reuters when asked about the Mediapart report.

A Bollore spokesman declined to comment.

The Dassault group notably controls Dassault Aviation, maker of the Rafale war planes, as well as Le Figaro.

Bollore controls media group Vivendi (OTC:VIVHY), the top shareholder in Lagardere, which in turns owns assets such as Paris Match magazine, Europe 1 radio and the Journal du Dimanche newspaper.

In September Vivendi, which already owns 27% of Lagardere, said it had agreed to buy Amber Capital's 17.9% holding in the company, paving the way for a full takeover.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.