French media group Vivendi, with cash to spend after selling a chunk of its business, has no plans to bid for smaller rival Lagardere.
Earlier this week, a source familiar with the matter had told Reuters Vivendi had made a bid wo
Energy-rich Qatar has increased its stake again in Lagardere, boosting its position as the largest shareholder in the French media-to-aerospace conglomerate.
A unit of the Qatar Investment Authority, the emirate's sovereign wealth fund, sa
Qatar's sovereign wealth fund may seek a supervisory board seat and strategic partnership with Lagardere, potentially deepening its ties with the French media-to-aerospace conglomerate in which it is the biggest shareholder.
Qatar Holding, an investment vehicle of the 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 stak