French group Mediawan to buy Lagardere Studios in $112 million deal
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PARIS (Reuters) - French group Mediawan said on Monday it would buy Lagardere Studios from conglomerate company Lagardere in a takeover deal worth around 100 million euros (£90.4 million).Mediawan's founders - Pierre-Antoine Capton, Iliad founder Xavier Niel and financier Matthieu Pigasse - will also set up a new company called Mediawan Alliance to further develop the existing Mediawan business.