Sabouret recently resigned as the president of the NMPP (Nouvelles
messageries de la presse parisienne), the press group which distributes
newspapers and magasines in the Paris region.
At Groupe Lagardere's offices in Brussels, his first job will be to
expedite the European Commission authorisation for Lagardere - which also
owns publishing giant Hachette Filipacchi Medias - to acquire control of
the VUP (Vivendi Universal Publishing) press group which Lagardere recently acquired from mother company Vivendi Universal.
Groupe Lagardere was recently in the news for having revealed that
Iranian interests held a two percent stake in the French communications and aerospace group and that the stake would soon be sold off with the
resulting revenues contributed to assist Iraq in its reconstruction.
According to Gerard de Roquemaurel, chairman of Hachette Filipacchi
Medias, "with the recently-voted UN Security Council resolution, the stake,
which was frozen since the first Gulf War, will now be unblocked and we
expect for it to be sold shortly, with the proceeds going most likely for
the reconstruction of Iraq."