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French entrepreneur Bernard Tapie, an investor in the Nice Matin Group, is selling a 35-percent stake in Corse-Matin to a group of local investors, according to a number of press reports.
The consortium, CM Holding, said on Wednesday, December 27, “If the discussions are concluded positively, which seems to be the most likely scenario, our stake will be effective from the first quarter of 2018. The consortium already owns the Corsica Linea shipping company, which formerly operated as SNCM.
Mr Tapie, 74, who has recently recovered from surgery for stomach cancer, praised the buyers, saying, “They are very competent people, who have Corsica in their souls and hearts.”
Corse-Matin was taken over by Tapie in 2014, shortly after he bought control of La Provence. A former politician, Tapie once owned the Marseille soccer club.
Faced with a strong Serbian team, the Roca boys had to wait until the end of the match to taste victory in the Euroleague, balancing the books ahead of their game against Moscow on Friday.
As National Day fast approaches, Monaco City Hall has released its line-up of free family shows for the celebrations as well as information on how and where to get tickets.
Local charity Les Enfants de Frankie will be organising back-to-back events in December to benefit sick and disadvantaged children, including the popular Kids Nite and Day.
Monaco Boost has launched its third call for applicants, encouraging Monegasque citizens to take advantage of the government-backed business support programme.