Staff are not happy with the sale to LVMH
|
Luxury goods company LVMH has bought Les Echos, the biggest-selling business newspaper in France, from the Pearson media group for 240m euros (£167m).
The sale comes after a four-month period of negotiation.
LVMH, which already owns several publications in France, including La Tribune, has pledged to uphold Les Echos' editorial independence.
Les Echos staff are against the deal, however, and plan to block production of Tuesday's edition in protest.
Les Echos has an annual turnover of 126m euros and a circulation of more than 119,000.
Home
~RS~q~RS~~RS~z~RS~22~RS~)
BBC NEWS CHANNEL
News services
E-mail this to a friend
Printable version
Bookmark with:
What are these?