Le Monde Accepts French Trio's Offer, Bypasses Sarkozy
French investors offer to buy Le Monde, rejecting Sarkozy's involvement. Bloomberg reports from Paris on the newspaper's sale. 📰
Bloomberg Originals
534 views • Mar 23, 2012
About this video
June 29 (Bloomberg) -- Bloomberg's Elliott Gotkine reports from Paris on the sale of the French national newspaper Le Monde.
A group of investors, which includes Yves Saint Laurent Group partner Pierre Berge, Internet billionaire Xavier Niel and Lazard Ltd. banker Matthieu Pigasse agreed to pay 110 million euros ($135 million) to take control of the 65-year-old Paris afternoon daily, helping it avert a capital crunch.
A group of investors, which includes Yves Saint Laurent Group partner Pierre Berge, Internet billionaire Xavier Niel and Lazard Ltd. banker Matthieu Pigasse agreed to pay 110 million euros ($135 million) to take control of the 65-year-old Paris afternoon daily, helping it avert a capital crunch.
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534
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2:52
Published
Mar 23, 2012
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