Power Corporation of Canada, controlled by Paul DESMARAIS, is a large diversified company engaged in communications, financial services, pulp, paper and packaging. Through its subsidiary, Gesca Ltée, Power publishes 4 daily newspapers in Québec, including La Presse. In addition, Gesca has 2 separate book-publishing operations; it also has TV and radio stations in Ontario and Québec. Its financial services include controlling interest in the Great-West Lifeco Inc, Montreal Trustco Inc, the Investors Group Inc and Pargesa Holding S.A. The company's pulp, paper and packaging interests are held in Consolidated-Bathurst Inc, a major Canadian pulp and paper firm. Power Corp's assets in 1993 exceeded $25.5 billion (ranking 11th in Canada), with revenues amounting to $6.14 billion (ranking 19th).