|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||19.99 - 20.26|
|52 Week Range||18.59 - 25.26|
|Beta (5Y Monthly)||0.86|
|PE Ratio (TTM)||18.76|
|Earnings Date||Mar 11, 2020 - Mar 16, 2020|
|Forward Dividend & Yield||1.30 (6.54%)|
|1y Target Est||28.04|
The chairman of the supervisory board of Lagardère Group has resigned for “personal reasons”, the latest development in a battle with an activist investor pushing for a boardroom and strategy overhaul of the French media conglomerate. Xavier de Sarrau, 69, had been in the position since 2010 and will also step down from his role as chairman of the audit committee, although he will remain a member of the supervisory board, Lagardère said. Once among France’s great industrial empires, publicly traded Lagardère has shrunk under the leadership of Arnaud Lagardère, who took over management of the group following the sudden death of his father Jean-Luc Lagardère in 2003.
French media company Lagardere has received an offer for its Sports.fr and Football.fr websites from digital media company Reworld Media, as Lagardere continues its drive to sell non-core assets. Reworld Media said on Tuesday that the acquisition of those Lagardere sites would fit well with its other existing sites dealing with rugby, soccer and auto sports. "With Football.fr and Sports.fr, Reworld Media would strengthen its position in football news while asserting itself as a strategic and major player on multi-sport in France," said Reworld Media Digital's Operation Manager Jeremy Parola.
Today we'll evaluate Lagardère SCA (EPA:MMB) to determine whether it could have potential as an investment idea. In...
Shareholder activist firm Amber Capital on Thursday called for a strategy review at Suez , arguing that the French utility had underperformed rivals and could create more value for its shareholders. Amber Capital said it had sent a letter on July 18 to Suez's management, outlining its demands, as activist funds such as Elliott and others target companies across Europe.