June 5, 2012 / 6:17 AM / 5 years ago

France's Lagardere ups offer on LeGuide.com

PARIS (Reuters) - French media group Lagardere (LAGA.PA) increased its takeover offer for online shopping guide LeGuide.com ALGUI.PA to 28 euros from 24 euros a share, representing a 41 percent premium to its closing share price on May 4.

Lagardere had launched the cash offer on May 7 at 24 euros a share, valuing the offer at around 84 million euros, according to ThomsonReuters data.

Reporting by Caroline Jacobs

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