Qatar: Qatar Holdings has agreed to invest $100m in Chernin Group, a private media company founded by a former News Corporation president, Peter Chernin, the New York Times has reported, citing a source close to the deal. The investment by Qatar Holdings, a unit of the government-backed Qatar Investment Authority, means it will be one of the two largest backers of the Chernin Group, along with Providence Equity Partners, which invested some $200m in the group this year. "They're trying to give us more firepower," Chernin told the daily. [AMEInfo.com]
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