Le Monde: French financer Pigasse in talks with Czech investor over stakes

Pigasse has, jointly with French telecoms entrepreneur Xavier Niel, a controlling stake in Le Monde.

Le Monde investor Matthieu Pigasse, who heads the Lazard investment bank in France, is in talks with Czech investor Daniel Kretinsky to sell him 40-49 per cent of his shares in the French daily, Le Monde wrote on its website on Wednesday.

Pigasse has, jointly with French telecoms entrepreneur Xavier Niel, a controlling stake in Le Monde.

Le Monde says that Pigasse confirmed the information but that the newspaper were not able to reach Kretinsky or Niel for comment.