France: Media group Lagardère acquires Time Warner Book Group
The French media and aviation technology conglomerate Lagardère plans to acquire the American book publisher Time Warner Book Group for $537.5 million.
The French media and
Aviation technology group Lagardère wants to acquire American book publisher Time
Warner Book Group for 537.5 million dollars. As the SDA
a corresponding agreement has been reached. The
Acquisition makes the Lagardère publishing division Edition the global number
three. Lagardère describes the purchase decision as a strategic action
in the Books division, which is proving to be a growth driver for the
increase in profitability. The Time Warner Book Group
publishes bestselling authors as well as books for young people and
Illustrated.
Aviation technology group Lagardère wants to acquire American book publisher Time
Warner Book Group for 537.5 million dollars. As the SDA
a corresponding agreement has been reached. The
Acquisition makes the Lagardère publishing division Edition the global number
three. Lagardère describes the purchase decision as a strategic action
in the Books division, which is proving to be a growth driver for the
increase in profitability. The Time Warner Book Group
publishes bestselling authors as well as books for young people and
Illustrated.
