Vivendi's Editis takeover gets go-ahead

Vivendi's Editis takeover gets go-ahead

The French Competition Authority has cleared Vivendi’s takeover of Editis, the second largest French book publisher, from Planeta of Spain for €900m.

The authority said it imposed no conditions to the deal because competition would not be impeded on the “several audiovisual and publishing markets reviewed.” Vivendi specializes in music, cinema, TV and video games. Before reaching its decision, the authority said it analyzed for the first time the markets for movie adaptations of books and book adaptations of movies.

The acquisition is expected to complete immediately.

This is subscriber-only content

Not a subscriber? Get unrestricted access to all the news, charts, previews, data & analysis by subscribing from as little as £3 per week.


Why Subscribe?

Every issue of The Bookseller magazine

Unlimited access to thebookseller.com (single user)

The Bookseller e-edition app for tablet and mobile

Subscriber-only newsletters

Twice yearly Buyer's Guides worth £50

Discounts on The Bookseller Awards and Conferences

Click here to subscribe now