Le "partenariat" finalisé jeudi soir par un communiqué commun aux familles Arnault et Lagardère, consiste dans l'acquisition par Financière Agache (un instrument financier de Bernard Arnault) de 27% de la holding personnelle d'Arnaud Lagardère, qui détient sa participation de 7,26% dans le groupe qui porte son nom. All quotes delayed a minimum of 15 minutes. (Reporting by Jean-Michel Belot and Sudip Kar-Gupta; Editing by Kirsten Donovan). PARIS: Activist fund Amber Capital on Thursday (Aug 20) called on French publishing and media group Lagardere to hold a shareholder meeting, its latest bid to trigger a … Selon l'entourage d'Arnaud Lagardère, ces opérations confirment l'engagement "durable" de Bernard Arnault qui agira désormais "de concert" avec Arnaud Lagardère, mais ne modifient pas le contrôle des sociétés de tête du groupe. We apologize, but this video has failed to load. Contacted Tuesday by AFP, the Lagardère group did not comment. A cet investissement de quelque 80 millions d'euros s'ajoute une surprise, la prise de "participation directe" de Bernard Arnault de 5,5% du capital du groupe Lagardère, qui s'élève, au prix du marché, à une centaine de millions d'euros. Our Standards: The Thomson Reuters Trust Principles. Amber Capital said it wanted Lagardere to speed up the disposal of non-core assets and improve its corporate governance, adding it wanted constructive talks with the company on these issues. Joseph Marie Oughourlian is CEO/Managing Member at Amber Capital UK LLP. Vivendi and Amber Capital, new allies against LagardèreParis (AFP) Le groupe Lagardère, déjà bousculé par ses deux premiers actionnaires Vivendi et le fonds Amber Capital, a vu débarquer hier dans son capital l'homme le plus riche de France Bernard Arnault, u The major maneuvers are continuing at Lagardère: its two first shareholders, the media group Vivendi and the activist fund Amber Capital, are joining forces to ask for representation on the supervisory board, in order to oppose the controversial manager Arnaud Lagardère but also to counter the influence of Bernard Arnault. The latter then undertake to vote "in favor of the resolutions necessary for the implementation" of the new appointments. heir, expected in early 2021. The pact finally allows Vivendi and Amber to join forces against the influence of Bernard Arnault, the billionaire at the head of the luxury group LVMH. The pact between the two shareholders "does not create any agreement between the signatories on the strategy or the control of Lagardère" which would oblige them to launch a takeover bid, says Amber. Amber Capital, which holds about 16.4% of Lagardere's share capital, said it would present its own list of new supervisory board members at … Il y en a un qui ne voit rien venir, mais qui va se faire bouffer tout cru par son "partenaire"... Ce ne sera pas un mal, vu ses compétences de dirigeant. Since then, Vivendi (up to 23.5% of the shares) and Amber Capital (20%) have separately expressed their desire to be represented on this board, the only body likely to oppose the renewal of the mandate of manager of the board. This surprise arrival had called into question the hope of several shareholders to see things evolve rapidly within governance, and allows Mr. Arnault to become essential for any strategic decision affecting the activities of Lagardère SCA, in particular the disposals of active. Le groupe Lagardère, déjà bousculé par ses deux premiers actionnaires Vivendi et le fonds Amber Capital, a vu débarquer hier dans son capital l'homme le plus riche de France Bernard Arnault, un "soutien" qui a également pris un quart de la holding du groupe. He announced at the end of May that he would pay off part of Arnaud Lagardère's debts against 25% of the shares in the heir's personal holding company. The major maneuvers are continuing at Lagardère: its two first shareholders, the media group Vivendi and the activist fund Amber Capital, are joining forces to ask for representation on the supervisory board, in order to oppose the controversial manager Arnaud Lagardère but also to counter the influence of Bernard Arnault. "Nous ne demandons pas une faveur, mais l'exercice d'un droit" reconnu aux actionnaires, a affirmé Eric Laut, l'un des conseils de Vivendi, lors d'une audience devant le tribunal de commerce de Paris qui rendra sa décision le 14 octobre. PARIS, May 9 (Reuters) - Activist fund Amber Capital urged French media and travel retail group Lagardere to do more to boost shareholder value, and reiterated its concerns over the company’s recent performance. Pourtant, c'est cet argument qu'ont repris jeudi les principaux actionnaires de Lagardère, le géant des médias Vivendi et le fonds britannique Amber Capital, qui demandent en justice l'organisation d'une assemblée générale exceptionnelle.