Tuesday, August 28, 2007

Lagardere agrees to sell Swedish Elle to Allers


PARIS, Aug 27 (Reuters) - French media to aerospace group Lagardere said on Monday it had agreed to sell its Hachette Filipacchi Sweden unit to Swedish publisher Allers Forlag. It gave no financial details but said the sale was part of a rationalisation plan.

The Lagardere unit publishes the Elle, Elle Interior and Cafe magazines in Sweden.