October 25, 2018 / 6:54 PM / 24 days ago

UPDATE 1-Czech investor buys 49 pct in Le Monde's main shareholder -spokesman

(Adds other French media acquisitions by Kretinsky, background)

PRAGUE, Oct 25 (Reuters) - Czech investor Daniel Kretinsky’s Czech Media Invest (CMI) is to buy a 49 percent stake in Le Nouveau Monde, the main shareholder of France’s daily Le Monde, a spokesman for Kretinsky said on Thursday.

The spokesman declined to provide further details on the transaction.

Kretinsky is the majority owner and chief executive of power and infrastructure group EPH, which owns power plants across Europe. After growing EPH into one of Europe’s biggest power groups, he has branched out into other investments in recent years, including media.

In July, his CMI completed acquisition of some eastern European radio assets from another French media group, Lagardere .

CMI is also in exclusive talks with Lagardere to buy some of its magazines, including the fashion magazine Elle.

In the Czech Republic, Kretinsky owns the top-selling tabloid, Blesk, and a top flight soccer team, Sparta Prague. (Reporting by Jason Hovet, Writing by Robert Muller, Editing by Alexandra Hudson)

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