First
online investment for Qatar
It is the first online step for the investment fund, despite it already
having shares in Volkswagen, Heathrow airport, Barclays Bank, Credit Suisse,
Harrods and Sainsbury’s. The
Qatari move is not the only change at Vente-Privée: joint founder
Jacques-Antoine Granjon has increased
his shareholder stake from 20 to 25 %.
The
private French discount web shop currently has some 20 million members across 8
European countries like the Netherlands and Belgium. It supposedly had a 2013 turnover of nearly 2 billion euro, which
would be a huge leap from 2012, when it had a 1.3 billion euro turnover.
(Translated by Gary Peeters)
