AEG and Eventim ‘enter race’ to buy See Tickets
French-headquartered media giant Vivendi is reportedly seeking up to £300 million for its ticketing and festival businesses
News By James Hanley | 11 December 2023
Anschutz Entertainment Group (AEG) and CTS Eventim have reportedly entered the race to acquire Vivendi-owned See Tickets.
The Financial Times reports that French-headquartered media giant Vivendi is seeking up to £300 million (€351m) for the company, which it bought for €96m in 2011, with AEG and CTS among the first round of indicative bids submitted in recent weeks.
AEG and Eventim have both declined to comment on the report, while Vivendi says it has “received at this stage several very encouraging offers regarding the possible sale of its ticketing and festival activities”.
It was first reported that Vivendi was exploring the sale of See Tickets, along with its festival division – which includes 11 festivals such as the UK’s Love Supreme and Kite, as well as Garorock…
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