Qatar Holding intends to keep its 11.52% stake in Lagardère.

Qatar Holding Company announced plans to keep its 11.52% stake in Lagardère, after Vivendi initiated an initial public offering of its shares in the group that owns (Europa 1) radio, Paris Match and Le Journal du Dimanche.

Qatar Holding, which is owned by the Qatari sovereign wealth fund, said it could take in consider buying or selling shares of “Lagardère” on the basis of market opportunities e in compliance with applicable regulatory requirements.

Interestingly, “Lagardère” is an international group headquartered in Paris, with companies in the fields of mediapublishing and travel.

Read More About: Business News