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Le Monde: the Niel-Pigasse duo put to the test

2020-12-17T18:55:47.506Z


The decision of the founder of Free to “sanctuary” his shares obliges his ally to follow him. Announced Wednesday evening, Xavier Niel's decision to transfer his stake in Le Monde to an endowment fund raises the question of what will happen to that of his co-shareholder Matthieu Pigasse. Since the death in 2017 of Pierre Bergé, who had been alongside Niel and Pigasse since 2010, the founder of Free and the investment banker have coexisted, in equal parts, in Le Monde libre, which controls


Announced Wednesday evening, Xavier Niel's decision to transfer his stake in

Le Monde

to an endowment fund

raises the question of what will happen to that of his co-shareholder Matthieu Pigasse.

Since the death in 2017 of Pierre Bergé, who had been alongside Niel and Pigasse since 2010, the founder of Free and the investment banker have coexisted, in equal parts, in Le Monde libre, which controls the press group (

Le Monde

,

L'Obs

,

Télérama

,

Courrier international

).

Read also:

Xavier Niel, the fan of betting on the press

If this cohabitation was initially smooth, it took a winding turn in October 2018, when Matthieu Pigasse sold a minority share (49%) of his company Le Nouveau Monde (which holds his stake in Le Monde libre) to Daniel Kretinsky.

The employees of

Le Monde

were alarmed that a Czech energy magnate, certainly Francophile and owner of

Marianne

(since April 2018), suddenly entered the capital of one of the first national dailies.

The more so as Daniel Kretinsky, who since

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Source: lefigaro

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