Two French law firms advised on a deal in which luxury goods group LVMH's has acquired the 75-year-old weekly photojournalism magazine Paris Match from media and entertainment group Lagardère.

Bredin Prat advised LVMH, while Darrois Villey Maillot Brochier represented Lagardère on the transaction, which values the magazine at €120 million ($131.6 million) and was first announced earlier this year. The deal closed on October 1.