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M6 buys Lagardère TV

Sound+Vision. French TV group M6 is to acquire the TV interests of fellow French company Lagardère, excluding its music and ballet channel, Mezzo for €215m, subject to regulatory approval. The TV turnover of Lagardère was €98m in 17 with EBITDA of €20.6m. It operates family and children’s brands including Gulli and its reach extends internationally into 90 countries. Lagardère is to sell Mezzo separately and intends to focus on its publishing and travel retail businesses.

Groupe M6