Overview
- Live Nation signed an agreement to buy Europe’s largest covered arena from Ovalto, marking the company’s first venue acquisition in France.
- The sale is conditional on review by the Autorité de la concurrence, a process that could take several months.
- After completion, Live Nation plans a modernization program to support more year-round productions and attract top national and international artists.
- Financial terms were not disclosed, and French live‑music stakeholders are raising concerns about increased market concentration.
- Racing 92 plans to return to the Yves‑du‑Manoir stadium in 2027, reducing rugby use at the venue and opening additional dates for concerts.