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BRIEF-Qatar Holding ups Lagardere voting rights, could increase stake -AMF
May 3, 2017 / 11:02 AM / 5 months ago

BRIEF-Qatar Holding ups Lagardere voting rights, could increase stake -AMF

May 3 (Reuters) - Lagardere/Qatar Holding LLC:

* Qatar Holding has raised its voting rights stake in media group Lagardere to 16.7 percent, having gone above the 15 percent voting rights threshold, according to AMF filing

* Qatar Holding holds 13 percent of Lagardere’s share capital, could increase its stake further but has no plans to gain control of Lagardere, adds the AMF filing

* Qatar Holding eyeing strategic partnerships that could boost Lagardere’s long-term value - AMF filing

* Qatar Holding considering seeking representation on Lagardere’s supervisory board

* Qatar Holding is part of Qatar Investment Authority (QIA) sovereign wealth fund

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