Editing Lagardère Group (section)

=== Sale of most of the media assets and sports agency ===

Since the first half of 2018, a plan to sell the Group's media assets (excluding ''[[Paris Match]]'', ''[[Le Journal du Dimanche]]'', [[Europe 1]], Europe 2, RFM and the ''[[Elle (magazine)|Elle]]'' brand licence) was underway at Lagardère Active. The Group had already divested a large number of assets, including international radio operations, the main digital assets (including e-Health), and the interest in Marie Claire. In 2019, Lagardère finalised the sale of most of the magazine publishing titles in France,<ref>{{Cite web|last=Burlet|first=Fleur|date=2019-02-15|title=Lagardère Completes Sale of French Elle to Czech Media Invest|url=https://wwd.com/business-news/media/lagardere-completes-sale-of-french-elle-to-czech-media-invest-1203027440/|access-date=2020-08-04|website=WWD|language=en}}</ref><ref>{{cite web|date=July 27, 2018|title=Lagardère. Le groupe progresse dans la cession de ses médias|url=https://www.ouest-france.fr/economie/entreprises/lagardere-le-groupe-progresse-dans-la-cession-de-ses-medias-5899083|publisher=Ouest France}}</ref> the TV businesses,<ref>{{cite web|date=May 24, 2019|title=M6 rachète le pôle TV de Lagardère pour 215 millions d'euros|url=http://www.lefigaro.fr/flash-eco/m6-rachete-le-pole-tv-de-lagardere-pour-215-millions-d-euros-20190524|publisher=Le Figaro}}</ref> the stake in Mezzo<ref>{{Cite web|date=2019-07-18|title=Canal+ and Groupe Les Echos – Le Parisien acquire Mezzo|url=https://www.digitaltveurope.com/2019/07/18/canal-and-groupe-les-echos-le-parisien-acquire-mezzo/|access-date=2020-08-04|website=Digital TV Europe|language=en-GB}}</ref> and Disney Hachette Presse.{{cn|date=March 2024}}

The Lagardère group finalized the sale of 75% of Lagardère Sports (excluding Lagardère Live Entertainment) to Hamburg-based private equity firm [[H.I.G. Capital]] on April 22, 2020.<ref>{{Cite web|title=Lagardère to sell 75% of sports agency to H.I.G. Capital in €110m deal - SportsPro Media|url=https://www.sportspromedia.com/news/lagardere-sports-media-agency-2020-sale-hig-capital|access-date=2020-08-04|website=www.sportspromedia.com}}</ref>

In May 2020, the Group resisted a demand for the replacement of most of the board members, submitted by Amber Capital, its new largest shareholder.<ref>{{Cite web|title=Amber Capital: no plans to sell Lagardere stake and it may even raise it|url=https://www.businessinsider.com/amber-capital-no-plans-to-sell-lagardere-stake-and-it-may-even-raise-it-2020-5|access-date=2020-09-15|website=Business Insider}}</ref> In August, peer French media conglomerate [[Vivendi]] raised its stake in the Group to 23.5%, the highest among all shareholders, including Amber (which raised its own by 2% to 20%). It made a pact with the fund in which the two jointly requested four seats, three for Amber and one for Vivendi, on the board.<ref>{{Cite news|date=2020-08-11|title=Vivendi strikes rare pact with Amber on Lagardère|work=FT|url=https://www.ft.com/content/4b7225fd-059d-4eb4-923a-310636d46adb |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/4b7225fd-059d-4eb4-923a-310636d46adb |archive-date=2022-12-10 |url-access=subscription}}</ref>

In November 2020, Lagardère Studios, the entertainment television division of Lagardère Active was sold to French-based media production and distribution company [[Mediawan]].<ref>{{Cite web|url=https://tbivision.com/2020/11/02/mediawan-completes-112m-acquisition-of-frances-lagardere-studios|title = Mediawan completes $112m acquisition of France's Lagardere Studios|date = 2 November 2020}}</ref> In July 2021, Lagardère Sports was fully divested by the sale of remaining 25% to H.I.G. Capital.<ref>{{Cite web |date=2021-07-27 |title=H.I.G. Capital takes full control of Sportfive |url=https://www.sportspromedia.com/news/hig-capital-sportfive-agency-lagardere-sale-private-equity/ |access-date=2022-03-29 |website=SportsPro |language=en-GB}}</ref>