Lagardère denies wrongdoing as Le Monde reveals judicial inquiry

Lagardère denies wrongdoing as Le Monde reveals judicial inquiry

The Lagardère group, Hachette Livre’s parent company, has denied any wrongdoing after a report published in French daily newspaper Le Monde that France’s National Financial Prosecutor has opened a judicial inquiry against the group for financial irregularities during its recent shareholder battle. According to Le Monde, issues being investigated include buying of votes and inaccurate accounts.

The prosecutor decided in April to take up the complaint filed by disgruntled shareholder Amber Capital in February, according to the report, published on Friday (23rd July). The case is now in the h...

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