Charente Libre and Groupe Sud-Ouest in the Sights of a Franco-Belgian Press Group
19 Articles
19 Articles
The entry into negotiations is a "heavy decision" taken "unanimously" by about 50 shareholders, with "a lot of emotion," told AFP Tristan Lemoîne, vice-president of the South West Group Board of Directors.
The Rossel and Sud Ouest groups announced on Thursday 3 September that they had entered into exclusive negotiations with a view to the transfer of the press group located in Bordeaux.
The Belgian Rossel, owner of "La Voix du Nord", entered into "exclusive negotiations" to buy back "here at the end of the year" the mother house of the regional daily "South West".
The possible acquisition of the group by the subsidiary Rossel France would increase Belgian sales to over 400 million euros, making it number 3 of the regional press sector in France.
South West could soon change ownership. Its parent company entered into exclusive negotiations with the Belgian Rossel, already present in France, for an operation that could reach a hundred million...
The shareholders of Groupe Sud-Ouest, of which Charente Libre is part, and of the Rossel group, owners of several newspapers in the north of France, have entered into negotiations.
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