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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar ups Lagardere stake, becomes top investor

Posted on 03 January 2012

Qatar Holding, an investment vehicle of the Gulf state’s government, has raised its stake in French media-to-aerospace conglomerate Lagardere to over 10 percent, market regulator AMF said.
The move appeared to make the emirate the largest stakeholder in Lagardere, which competes with Pearson Plc and Bertelsmann AG in radio and book publishing. AMF said Qatar Holding had informed it earlier on Thursday of its accumulation of 13.2 million shares in Lagardere, or 10.1 percent of its capital………………………………………..Full Article: Source


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