LYCOS RETRIEVER 
Vincent Bollore: Company
built 627 days ago
According to sources quoted by newspapers in Britain, Bollore and Martin Sorrel, chief executive of WPP Group, are interested in different units of Aegis. WPP is keen on Aegis' market research group Synovate, and it has plans to offer 350 million pounds in cash. In that case, Bollore would take control of the remainder of the company, with a cash offer of about 1.6 billion pounds. WPP may opt for a minority stake in the company's media planning and buying units, while Hellman & Friedman would provide equity and take a stake in the company. The media buying business, Carat, has a strong presence in Europe.
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Discusses whether Alain de Pouzilhac has a long-term future as chairman-CEO of Havas as Vincent Bollore won four seats on the company's board. Supporters of Bollore to win seats on the company's board; Internal memo sent by de Pouzilhac about Bollore; Statement issued by de Pouzilhac after the shareholder meeting about the election results. Reading Level (Lexile): 1330;
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Bollore Medias Investissements took a big stake in Havas last year. Bollore's nomination of four directors was loudly opposed by de Pouzilhac and the rest of the Havas board, at the time. Bollore has said he has no plans to dismantle the company, but he pointedly said he wouldn't oppose management change. "I'm no Darth Vader," the corporate raider said at a meeting earlier this month.
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Bollore's East African subsidiary, SDV, has now established a regional hub operation in Kampala, with an inland depot just outside the city and a fleet of trucks that ferries cargo beyond Uganda to the other landlocked countries in the region. In all, the company will move around 60,000 tonnes of coffee out of Uganda this year, most of which will go out through Mombasa.
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Aegis has made an announcement to shareholders, asking that they reject French financier Vincent Bollore's demand for two seats on the board, Reuters writes (via MediaBuyerPlanner). The company says Bollore's candidates would have a conflict of interest, as Bollore is chairman of rival ad group Havas, and that no single minority should have such control over the company.
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Last year, the 49-year-old Bollore took aim at Michel David-Weill, the legendary chairman of the Lazard Freres & Co. investment banking group. Bollore had the audacity--and the shrewdness--to build up a huge stake in a thinly traded holding company at the top of the Lazard empire.
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