Vivendi offers remedies to address EU concerns over planned Lagardere takeover -filing

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Last month, the European Commission had opened an in-depth investigation into the planned deal, amid concerns it could impact competition in the sector.

The proposed deal would combine France’s two biggest publishing groups, Lagardere’s Hachette and Vivendi’s Editis, and it has come in for criticism from rivals including Gallimard.

French billionaire Vincent Bollore is Vivendi’s controlling shareholder, with a 29% stake.