Qatar raises stake in French group Lagardere
Written by Reuters, Tuesday, 20 March 2012
Qatar Holding said in the filing that it could raise its stake further after increasing it to 12.8 percent and that it may seek representation on the group's supervisory board.
Qatar Holding added that it may discuss strategic partnerships "allowing the creation of long-term value for shareholders" of Lagardere, though there were currently no specific plans, Reuters reports.
Lagardere shares were roughly flat at 23.565 euros at 1006 GMT.
The company had no immediate comment.
Qatar has been a staunch supporter of Chief Executive Arnaud Lagardere even as some shareholders have assailed the chief executive's strategy for the company his father founded, which competes with Pearson and Bertelsmann in radio and book publishing.
Egypt orders eight more Airbus C295 tactical transports
by Cassidian, 23 July 2014
The new batch of aircraft will be delivered to the Egyptian Air Force by Airbus Defence and Space at the beginning of next year.
Thales I-Master radar gets new maritime mode
by Thales, 23 July 2014
Maritime Moving Target Indication mode tracks small, fast-moving craft to larger, slower vessels, in all weather conditions.
Saab completes acquisition of TKMS (Kockums)
by Saab, 23 July 2014
The acquisition of Thyssen Krupp Marine Systems strengthens Saab's position as a comprehensive supplier of naval military systems.