Friday, August 7, 2009

Peladeau consolidates control over holding company that controls Quebecor


Pierre Karl Peladeau has consolidated his control over the holding company that controls Quebecor Inc. one of Canada's largest multimedia companies.
Peladeau acquired his brother Erik's interest in the trust that controls Les Placements Peladeau Inc.

Pierre Karl Peladeau, president and chief executive of Quebecor, now controls all of the class A and class B Shares of Quebecor held by PPI and Holding Peladeau Inc. (HPI), a wholly owned subsidiary of PPI.

Quebecor owns the Sun Media chain of tabloid papers and other publications, the TVA television network in Quebec, the Videotron cable TV company and ot

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