Lagardere set to take a 20% stake in French pay-TV group

By 2006-02-20T04:00:00

Frenchmedia group Lagardere is set to acquire a 20% stake in pay-TV group Canal PlusFrance in exchange for Lagardere's 34% stake in Canal Plus satellite platformCanalSat and a cash payment of $626m (Euros 525m) in cash.Lagardere would become the second-biggeststakeholder in Canal Plus France, a new company which combines all ...

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