Books. The €29bn Vivendi SA has completed its €900m acquisition of Editis, the second-largest French-language publishing group from Grupo Planeta, of Spain. The French Competition Authority has approved the transaction. With a large portfolio of internationally-acclaimed authors, 4,000 new books published each year and a catalogue of more than 45,000 titles, Editis is active in the fields of fiction, children’s books, non-fiction, graphic and illustrated books, educational & reference books. the company employs 2,400 people. The Bookseller reported: The deal represents “a new brick in the construction of a major industrial group centered on media, content and communications,” Vivendi said. “It will enrich the group’s creative capacity for developing new editorial projects and types of content.” These include setting up franchises abroad on the Paddington model, and developing audio books, which are growing by 40% a year. The two companies “share a recognized know-how in intellectual property rights,” the statement added. The takeover sounds like history repeating itself, since the Vivendi group—under different ownership—controlled what became Editis before the foundations of the present group were laid in 2004. It is now made up of more than 50 publishing houses including Robert Laffont, Nathan, Bordas, Plon, Perrin, Pocket and Belfond. Leading authors include Marc Lévy, France’s bestselling novelist worldwide.