BRUSSELS, June 9 (Reuters) - Vivendi (VIV.PA), the French media conglomerate controlled by billionaire Vincent Bollore, on Friday won conditional EU antitrust approval for its acquisition of France's largest publisher Lagardere (LAGA.PA).
Vivendi last year announced the deal which would give it control of Lagardere's flagship weekly publications Journal du Dimanche (JDD) and Paris Match.
Vivendi said in a statement that it was confident it would finalise those two transactions by the end of October.
"The remedies proposed by Vivendi will allow for the preservation of existing competition in those markets, to the benefit of consumers."
Reuters reported in April that the remedies were sufficient to help Vivendi gain EU antitrust clearance for the acquisition.
Persons:
Vincent Bollore, Margrethe Vestager, Daniel Kretinsky, Yannick Bollore, Foo Yun Chee, Bart Meijer, Sudip Kar, Gupta, Louise
Organizations:
Vivendi, Paris Match, European Commission, Reuters, Le Monde, TF1, Thomson
Locations:
BRUSSELS, EU, Czech, Le