French publishing company Lagardere SA (ENXTPA:MMB) said on February 27, 2024 it had received an offer from luxury goods group LVMH Moët Hennessy - Louis Vuitton, Société Européenne (ENXTPA:MC) to buy Paris Match magazine. Lagardere did not provide details on the amount of the offer for the magazine title, but said it was "quite significant". "It's our duty and especially my duty reporting to the board to work on that offer," CEO Arnaud Lagardère told investors.

Lagardere said its board of directors has entered into exclusive discussions with LVMH and will consult with unions representing Paris Match employees, and maybe Lagardere News. Media conglomerate Vivendi (VIV.PA) acquired Lagardere last year and currently owns 59.71% of the group.