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Bollore to Acquire Aegis Board Seats

Published on May 15, 2006 | Email this article

French billionaire Vincent Bollore is once again making his presence known to Aegis, acquiring 5 million more shares of the company’s stock and bringing his stake to 26.56 percent of the U.K.-based media agency and marketing research holding company, MediaPost reports.

Bollore is set to gain a number of seats on the Aegis board come May 28, according to the news brief, but stories in the French financial press make it unclear whether Bollore himself would take a seat. If and when Bollore’s stake reaches 28 percent, he will be required to declare takeover intentions for Aegis.

Bollore is also chairman and controlling shareholder of Paris-based rival Havas.

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