Métropole Télévision — M&A Activity 2019

May 24, 2019

SIGNING OF THE CONTRACT TO PURCHASE LAGARDERE GROUP TV BUSINESS UNDER SUSPENSIVE CONDITIONS

Having received the opinions of the employee representative bodies of the companies concerned, Lagardère and M6 Group have today signed the acquisition contract for Lagardère's Television business (excluding Mezzo).

The completion of the operation is still subject to the approval of the Conseil Supérieur de l'Audiovisuel (French broadcasting authority) and the Competition Authorities.

The cost of the transaction would be €215m (enterprise value), due on the final completion date.

Neuilly-sur-Seine 24 May 2019