Friday, October 17, 2014

Bolloré wants most of Havas – The World

Bolloré wants most of Havas – The World

The main shareholder of Havas, Vincent Bolloré, during a speech in Paris on December 13, 2005

While some saw Mr. Bolloré Havas push into the arms of Vivendi, which owns 5% of the capital, the board of the advertising and the holding company of tycoon Breton had to Friday, October 17 succeed in the day to study this.

In the meantime, the current tenor of advertising chaired by Yannick Bolloré, a son of the industrialist, was suspended mid-afternoon by the AMF (AMF). He also Bolloré group. The capitalization bousière Havas amounted to EUR 2.3 billion.

Vincent Bolloré was joined Havas capital in summer 2004, before engaging in a knife fight Alain de Pouzilhac, then head of the group that denied its shareholder of director seats. Le Breton had won after an epic general meeting in mid-2005, which shook the French establishment. He held at the time 10% of Havas capital.

Industrial Breton, who never does anything like the others, eventually gained control first, before strengthening over the years in the capital. It consolidates the advertising in its accounts since September 2012, by consolidation, and holds the majority of seats on the board

See also:. Yannick Bolloré only master at Havas and after

As is the new law on public tenders, the Bolloré group, owned approximately 75% by the family of billionaire pose as a condition of obtaining more than 50% of its subsidiary. One way for industrial Breton regularize a situation of de facto control.

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