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Vivendi in talks to sell Editis to Czech Media Invest, FT reports
The Fly

Vivendi in talks to sell Editis to Czech Media Invest, FT reports

Vivendi has entered exclusive talks to sell its publishing house Editis to Czech Media Invest, The Financial Times’ Adrienne Klasa reports. The sale of Editis is seen as a prerequisite to get EU regulators’ green light for Vivendi’s takeover of publishing and retail group Lagardere, the report notes. A price has not been disclosed, but Vivendi last week wrote down the value of Editis by EUR300M-EUR529M, Klasa writes. Reference Link

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