Vivendi invests in digital communication group Progressif Media

January 18, 2022

PARIS (Reuters) – Vivendi said it was investing in digital communication group Progressif Media through the purchase of a 8.5% stake from ZeWatchers, with the financial terms of this deal not disclosed.

ZeWatchers will own a 30% in the company while the three Progressif Media founders, Emile Duport, David Bonhomme and Thomas Ghys, will retain 60% of the company.

(Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta)