Friday, February 15, 2013

Lagardère Suing Vivendi

Regulatory News:   In its capacity as a Canal+ France shareholder1, Lagardère (Paris:MMB) has summoned Vivendi and Groupe Canal+ (hereinafter "the Vivendi group") to appear in the Paris commercial court on March 21, 2013, for the purposes of obtaining a restitution from the Vivendi group to Canal+ France of its cash, which amounted to close to €1.6 billion on November 30, 2012.