Qatar Holding has built up a 2% stake in French media and telecommunications group Vivendi for a total outlay of about EUR390 million, reports Wansquare, a business information website.
It said most of the shares were bought in 2011 and that the Qatari investment company's shareholding stood at 1.55% at the end of last year. It has bought more shares for close to EUR90 million since the beginning of the year, Wansquare said. French sovereign wealth fund FSI and Norway's sovereign wealth fund also have small shareholdings of around 2% in Vivendi, according to the website.
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