The Edipresse company has sold to Mister Jacques Lathion, the Rhône Media group’s main individual shareholder, all of its stake in Rhône Media SA as well as its stake in the Editions Le Nouvelliste SA company. The parties involved have agreed to keep the sale price confidential.

 

Within the framework of the rapprochement of Edipresse Switzerland’s operations with Tamedia, a national project, the minority shareholding held in the company publishing the region of Valais’s newspaper, "Le Nouvelliste," lost its importance and became of marginal strategic importance.

 

Edipresse and Tamedia will particularly focus their principal operations in terms of print and digital media, on those in which they are majority shareholders. The sale of the Rhône media stake has no impact on the Edipresse and Tamedia signed agreements.

 

For further information:

Sylvia Wuersten

Communications Manager