Vincent Bolloré in pole position to buy "Le Parisien" from Bernard Arnault

The sale of the daily newspaper, discussed at the end of June during a meeting between the two billionaires, was discussed again this summer during a meeting on the Côte d'Azur. A crucial issue less than two years before the presidential election.

The discussions on the acquisition of — Discussions on the acquisition of Le Parisien are part of a broader rapprochement between Vincent Bolloré and Bernard Arnault. PHOTOMONTAGE AFTER XOSE BOUZAS/HANS LUCAS/AFP - ARTUR WIDAK/NURPHOTO/AFP - NICOLAS MESSYASZ/SIPA

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Like every August, Bernard Arnault and Vincent Bolloré recently met in Saint-Tropez, their usual summer retreat. The two billionaires took the opportunity to once again discuss their current hot topic: the fate of "Le Parisien-Aujourd'hui en France," the popular daily newspaper owned by the LVMH group controlled by Arnault.

The two men had already begun negotiations during a previous meeting at the end of June, as "Le Nouvel Obs" reported at the time . The owner of the luxury group is tired, according to several close associates, of losing around thirty million euros per year with this title, purchased in 2015 from the...