Lagardere (LAGA PA) on February 27th received an exclusive offer from LVMH to aquire Paris magazine Match, Reuters said.

“Lagardere said its board of directors has entered into exclusive discussions with LVMH and will consult with unions representing employees, and maybe Lagardere News.”

Lagardere was Aquried by Vivendi in 2023 who now owns 59.71% of the conglomerate group. “Paris Match, a glossy photo magazine with stories on celebrities and royals as well as news reports, is traditionally seen as an influential outlet that has often boosted the chances of French presidential hopefuls.”