Telecommunications operator Orange has entered into exclusive negotiations with the French media and content giant Vivendi, in order to purchase 80% of the share capital of the online video platform, Dailymotion. The contemplated amount of this transaction is equal to 271 million euros. In the event of success, Orange will retain 20% of Dailymotion’s share capital, assessed at 265 million euros. This transaction aims at providing Dailymotion with a strategic partner, allowing it to accelerate its growth and make it one of the largest platforms worldwide.

Darrois Villey Maillot Brochier advises Vivendi on this transaction, with Marcus Billam, Jean-Baptiste de Martigny and Cécile de Narp on the corporate law aspects and Didier Théophile and Elise Maillot on the competition law aspects.