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Paris Match Magazine Joins LVMH Portfolio

Paris Match Magazine Joins LVMH Portfolio

Lagardere SCA (FR:MMB) has released an update.

Lagardère SCA has completed the sale of the iconic French weekly magazine Paris Match to luxury conglomerate LVMH. The acquisition promises to open a new chapter for Paris Match, offering it a strong platform for innovation and growth, particularly in digital form. The deal is expected to further enhance the magazine’s prestige and global reach under the stewardship of LVMH.

For further insights into FR:MMB stock, check out TipRanks’ Stock Analysis page.

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