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Wednesday, 3 May 2017

Lagardere's top investor Qatar wins voting rights loyalty reward | Reuters

Lagardere's top investor Qatar wins voting rights loyalty reward | Reuters:

"Qatar has become media group Lagardere's top shareholder in terms of both share capital and voting rights as a result of a French law that favours long-term investors. Qatar Holding, part of the emirate's sovereign wealth fund, said on Wednesday that its Lagardere voting rights had risen to 16.7 percent, based on a share stake of about 13 percent. The Gulf state previously held close to 10 percent of the voting rights, while Lagardere's chief executive Arnaud Lagadere held 7.65 percent of its capital and 11.9 percent of voting rights at end of last year, a 2016 registration document showed."



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