Darrois Villey Maillot Brochier advises Vivendi on the acquisition of Dailymotion
On April 8, 2015 telecommunications operator Orange entered into exclusive negotiations with the French media and content giant Vivendi, in order to purchase 80% of the share capital of the online video platform, Dailymotion. The contemplated amount of this transaction is equal to 271 million euros. In the event of success, Orange will retain 20% of Dailymotion’s share capital, assessed at 265 million euros. This transaction aims at providing Dailymotion with a strategic partner, allowing it to accelerate its growth and make it one of the largest platforms worldwide.
Darrois Villey Maillot Brochier advises Vivendi on this transaction, with Marcus Billam, Jean-Baptiste de Martigny and Cécile de Narp on the corporate law aspects and Didier Théophile and Elise Maillot on the competition law aspects.
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