Mediawan, the Paris-based group founded in 2015, has announced the creation of a dedicated French company, Mediawan Alliance, and has submitted a binding offer and entered exclusive negotiations to acquire France’s Lagardère Studios. Further expanding its footprint, Mediawan said it has taken a majority stake in Spanish content producer Good Mood, while Mediawan Alliance would — pending certain conditions — hold a minority stake in German film and TV group Leonine which is backed by New York investment firm Kkr.
Mediawan founders Pierre-Antoine Capton, Xavier Niel and Matthieu Pigasse will control the new Mediawan Alliance, supported by financing partners including Kkr and France’s MacSf, with the objective to build a leader in audiovisual content creation and distribution.
Mediawan Alliance will launch a tender offer on all Mediawan securities not held by the Mediawan founders and MacSf, at a price of 12 euros ($13.50) per share and .65 euros per warrant.
Mediawan founders Pierre-Antoine Capton, Xavier Niel and Matthieu Pigasse will control the new Mediawan Alliance, supported by financing partners including Kkr and France’s MacSf, with the objective to build a leader in audiovisual content creation and distribution.
Mediawan Alliance will launch a tender offer on all Mediawan securities not held by the Mediawan founders and MacSf, at a price of 12 euros ($13.50) per share and .65 euros per warrant.
- 6/22/2020
- by Nancy Tartaglione
- Deadline Film + TV
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