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French conglomerate Lagardere considering spin-off of radio business

Published 10/05/2022, 08:27
Updated 10/05/2022, 08:33
© Reuters. FILE PHOTO: The logo of French media group Lagardere is seen during the groups annual general meeting in Paris, France, May 3, 2016. REUTERS/Benoit Tessier
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PARIS (Reuters) - French business conglomerate Lagardere said on Tuesday that it was considering spinning off its radio division, which includes well-known French radio stations such as Europe 1 and RFM.

© Reuters. FILE PHOTO: The logo of French media group Lagardere is seen during the groups annual general meeting in Paris, France, May 3, 2016. REUTERS/Benoit Tessier

French media company Vivendi (EPA:VIV) is currently in the process of pursuing a takeover of Lagardere.

Lagardere is an international group headquartered in Paris with companies in media, publishing and travel retail.

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