What will happen to businessman Michael Andlauer’s shares in the Montreal Canadiens?
The Canadian billionaire will soon officially become the owner of the Ottawa Senators and we can expect him to sell his shares in the Canadiens. According to our hockey informant Renaud Lavoie, who discussed this “extremely interesting” topic on BPM Sports Radio on Thursday, it was around 10%.
“The question I ask myself is: Who will own these shares?,” Lavoie said.
There is a name that is circulating a lot behind the scenes. That of André Desmarais.
“It is said that he could be interested in the actions of Michael Andlauer,” revealed the TVA Sports journalist. I think he’s interested, yes. We must not forget that André Desmarais and his team took second place when they bought the Ottawa Senators.
Apparently there’s nothing very specific in that file right now, Lavoie recalled. We’re still in the rumor stage.
Desmarais is President of Power Corporation, a large asset management firm. His fortune is estimated at several billion dollars.