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Xavier Niel finalizes the sale of his shares in the Le Monde group to an independent fund

Billionaire Xavier Niel has sold almost all of his shares in the Le Monde group to a “Press Independence Fund”, which has the effect of protecting the group's capital, Le Monde and its affiliates announced on Tuesday.

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Xavier Niel finalizes the sale of his shares in the Le Monde group to an independent fund

Billionaire Xavier Niel has sold almost all of his shares in the Le Monde group to a “Press Independence Fund”, which has the effect of protecting the group's capital, Le Monde and its affiliates announced on Tuesday. “pole of independence”.

“This is a historic step forward obtained thanks to the commitment of Xavier Niel, who adds to our editorial independence a de facto safeguarding of the capitalistic independence of the group”, welcomes the independence pole, which brings together journalist companies , staff and readers of Le Monde, Télérama, Courrier international and La Vie.

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