Marianne, Daniel Kretinsky sets the conditions for a sale
Daniel Kretinsky will not be contributing to a fund for Marianne and has decided to give priority to selling the title. Two solutions are under consideration. Denis Olivennes met with Marianne employees this morning. The head of CMI’s French branch spoke about the intentions of Czech shareholder Daniel Kretinsky. First of all, on the possibility of creating a foundation… ation along the lines of Ouest France or Le Monde, Denis Olivennes replied that this was not in the shareholder’s plans. Marianne is posting good figures with its new formula, with a price readjustment, but the weekly racked up a loss of almost 3 million euros last year on sales of 12 million euros. Under these conditions, the creation of a fund to own the newspaper would require a cash injection,…