Power Financial Cashes Out Bertelsmann Stake

The Globe and Mail, Bertrand Marotte, 26 May 2006The Desmarais family's Power Financial Corp. and European partner Fr�re Group have cashed out of their jointly held 25-per-cent stake in global media titan Bertelsmann AG, leaving Power Financial with a gain estimated at about $450-million on an investment made five years ago.The deal, announced yesterday, also means that Desmarais