July 12, 2018 / 6:45 AM / 4 months ago

France's Lagardere to sell online health units to TF1 and Doctolib

The logo of French media group Lagardere is seen at the group's shareholders meeting in Paris, France, May 3, 2018. REUTERS/Charles Platiau

PARIS (Reuters) - Lagardere (LAGA.PA) has agreed to sell its online health businesses for an enterprise value of 60 million euros (53.02 million pounds), the French media group said on Thursday.

It said it had agreed to sell online medical appointment platform MonDocteur to Doctolib.

It also said French TV and media group TF1 (TFFP.PA) was in exclusive talks to buy Lagardere’s Doctissimo health information arm.

Lagardere, which owns France’s Europe 1 radio station, has been selling assets over the last year to improve its cash flow.

Reporting by Sudip Kar-Gupta; editing by Jason Neely

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