French billionaire Niel wins clearance to buy Nice Matin newspaper

01/20/2020 | 05:32am

France's anti-trust regulatory body cleared on Monday a plan by French billionaire Xavier Niel to buy control of the Nice Matin newspaper group.

Niel's NJJ holding company already has stakes in Le Monde newspaper and L'Obs magazine, while Niel is also the founder and majority shareholder in telecoms and media group Iliad.

(Reporting by Sudip Kar-Gupta, editing by Louise Heavens)

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