WAN-IFRA

Shaping the Future of the Newspaper

Date

Fri - 25.05.2012


Rossel considers bid for La Tribune

Rossel considers bid for La Tribune

Belgian publisher Rossel is considering making an offer on French business daily La Tribune if its owner, Louis Vuitton Moet Hennessey, decides to sell it, according to a report in Les Echos.

Speculators expect LVMH to sell La Tribune when it finishes its proposed acquisition of rival newspaper Les Echos from British media group Pearson Plc.

According to the report, Rossel, which owns Belgian newspaper Le Soir and the French title La Voix du Nord, has had access to La Tribune's financial data, but has not made a formal decision to place a bid.

Les Echos journalists are opposed to the proposed takeover by Bernard Arnault, chairman and chief executive of LVMH, the world's largest luxury goods maker.

Tags

Author

Leah McBride Mensching

Date

2007-08-29 06:29

Shaping the Future of the Newspaper


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