Jalou Media mandates Arrowhead to seek investors for expansion (translated)
21 FEB 2017
Jalou Media Group, the French privately-owned lifestyle publishing group, is seeking to raise EUR 10-15m from new investors for the international development of the business, French daily Le Figaro reported.
The report cited Chief Executive Benjamin Eymere as confirming the news. The report added that Jalou has appointed Arrowhead Bid to advise on the matter.
Jalou Media Group published titles such as Jalouse, L’Optimum, and L’Officiel, the latter generating revenues of EUR 75m in 2016.