Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Lagardère    MMB   FR0000130213

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets

LAGARDERE S.C.A. : The Lagardère group is launching a voluntary Contractual Offer on the Shares of LeGuide.com

share with twitter share with LinkedIn share with facebook
share via e-mail
05/07/2012 | 08:05am CET

A new driver of growth to strengthen Lagardère Active's digital activities

An attractive offer for LeGuide.com's shareholders: an immediate liquidity and a significant premium on the stock price

Regulatory News:

Lagardère (Euronext: FR0000130213), acting for the account and on behalf of its division Lagardère Active, is announcing the launching of a voluntary contractual offer to purchase all the shares issued by LeGuide.com (Alternext: FR0010146092 - ALGUI), the leading online shopping guide on the European market. This offer is made in cash for a purchase price of 24 Euros per share and represents a premium of 31.2% on three months average, 25.4% on one month average and 20.5% on LeGuide.com's closing stock price on 4 May 20121.

The acquisition of a leading aggregation platform through this contractual offer will enable Lagardère to expand the portfolio of the digital activities of its division Lagardère Active. Lagardère Active will increase its growth prospects in the Digital segment, with a know-how specific and complementary to its own activities, including on performance based monetization2, and remaining faithful to its positioning in respect of generating and monetizing audiences.

It offers the shareholders of LeGuide.com the opportunity to cash-in the value of their investment at attractive financial conditions. It also allows LeGuide.com to be backed by a powerful industry player whose skills complement its own and that will accelerate its development. Lagardère Active wishes to preserve the managerial autonomy of the management team of LeGuide.com and maintain the employment policy and the entrepreneurial culture which made its success since its origins.

LeGuide.com is an operator of shopping guides, allowing users to compare over 161 million offers from 76,200 online retailers, while providing traffic to online retailers. LeGuide.com has a total audience of 28.9 million unique visitors (including the recent acquisition of Ciao) and operates in 14 European countries3.

Lagardère is a pure media group and is among the world leaders in the sector. Through its division Lagardère Active, the Group has developed strategic positions in the Press, Audiovisual, Advertising and Digital segments. Pursuing since several years a deliberate strategy of deployment of its brands and contents on digital media, Lagardère Active is a leading Internet media group and the number one media group on mobile in France.

This offer, which does not require a prior approval of the AMF, is for all the shares of LeGuide.com and will be opened from 9 May 2012 to 12 June 2012 (included). The contractual offer is mainly subject (i) to the condition that, on the closing of the contractual offer, the shares tendered in connection with the contractual offer and held by the Lagardère group represent at least 51% of the share capital of LeGuide.com on a fully diluted basis and (ii) to the approval of the transaction by the antitrust authorities in Germany and Austria. The detailed terms and conditions of the voluntary contractual offer to purchase are set forth in the document presenting the offers available on the website www.lagardere.com.

The contractual offer is being made exclusively in France. The contractual offer and its acceptance may be subject to legal restrictions in some countries. The persons concerned are required to learn about any applicable local restrictions and comply with them.

The contractual offer is presented by Natixis.

Lagardère is a pure media group (books, press, broadcast, digital, travel retail and press distribution,

sport industry and entertainment), and is among the world leaders in the sector.

Lagardère shares are listed on Euronext Paris (Compartment A).

1 Premiums calculated on figures as at 4 May 2012.

2 Performance base monetization: compensation model by which the online comparator of shopping website is paid according to the volume of traffic redirected on the e-merchant website.

3 Information from LeGuide.com.

Press Relations
Thierry FUNCK-BRENTANO, +33 1 40 69 16 34
[email protected]
Ramzi KHIROUN, +33 1 40 69 16 33
[email protected]
Investor Relations:
Anthony MELLOR, +33 1 40 69 18 02
[email protected]

© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on LAGARDÈRE
03/05LAGARDERE SCA : annual earnings release
02/23LAGARDERE : Lagardère Travel Retail announces the roll out of WeChat Pay, a solu..
02/08LAGARDERE : Fourth-quarter 2017 revenue
01/11LAGARDERE : Lagardère Travel Retail commits not to use any cage egg by 2025
2017France's Doctolib raises 35 million euros to speed expansion in Germany
2017LAGARDERE : Third-quarter 2017 revenue
2017LAGARDERE SCA : quaterly sales release
2017TOYOTA MOTOR : Lexus will end partnership with The Weinstein Co
2017LAGARDERE : Lagardère Plus acquires creative agency Brave
2017LAGARDERE : Asterix and the Chariot Race
More news
News from SeekingAlpha
03/09Lagardere Groupe (LGDDF) CEO Arnaud Lagardere on Q4 2017 Results - Earnings C.. 
03/09Lagardere Groupe S.C.A. 2017 Q4 - Results - Earnings Call Slides 
03/08Lagardere Groupe reports FY results 
02/08Lagardère (LGDDF) Reports Sales Call - Slideshow 
02/08Lagardere Groupe S.C.A. reports Q4 revenue 
Financials (€)
Sales 2018 7 167 M
EBIT 2018 388 M
Net income 2018 217 M
Debt 2018 1 214 M
Yield 2018 5,81%
P/E ratio 2018 12,98
P/E ratio 2019 15,29
EV / Sales 2018 0,58x
EV / Sales 2019 0,54x
Capitalization 2 966 M
Duration : Period :
Lagardère Technical Analysis Chart | MMB | FR0000130213 | 4-Traders
Technical analysis trends LAGARDÈRE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 27,2 €
Spread / Average Target 20%
EPS Revisions
Arnaud Lagardère Chairman-Management Board & CEO
Xavier de Sarrau Chairman-Supervisory Board
Pierre Leroy Deputy Chairman, Co-COO & Co-Managing Partner
Thierry Funck-Brentano Co-Chief Operating Officer & Co-Managing Partner
Gérard Adsuar Chief Financial Officer
Sector and Competitors
1st jan.Capitalization (M$)
LAGARDÈRE-13.24%3 644
INFORMA PLC1.05%8 381
PEARSON5.41%8 317
SCHIBSTED-7.25%6 371