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Vincent Bollore
built 628 days ago
Vincent Bollore is from a well-off family from Brittany, and he graduated with a Bachelor of Law (LLB) degree from Universite Paris X Nanterre. Bollore started his investment career as a bank trainee at investment bank Edmond de Rothschild. He is a well-known corporate raider in France who has succeeded in making money by taking large stakes in French listed companies, in particular the building and construction group Bouygues, where he left with a sizeable capital gain after a power-struggle.
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"Vincent Bollore is one of the great French industrialists who has done a great deal for the French economy. He has never worked with the French state," Sarkozy had said, refusing to apologise for the trip.
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French financier Vincent Bollore has announced that his parent company has entered into a joint-venture with Pininfarina to develop an electric car. The deal — which is valued at 150 million euros — will see the electric car designed and built in Italy.
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PARIS (Thomson Financial) - French businessman Vincent Bollore plans to acquire a 40 pct stake in the Associated Press' French language business, Challenges magazine reported, citing the French newsman who says he is Bollore's partner in the scheme. In its online edition, the magazine cited Bertrand Eveno, a former chief executive of French national news agency Agence France-Presse, as saying AP's French language business may be acquired by a newly created group in which he will hold the remaining 60 pct. Challenges said both Bollore's holding company Bollore and AP management declined to comment on the claims. According to the magazine, an AP France works council meeting is scheduled for 11.00 am on Friday to discuss a restructuring plan that will include the sale of the French language service. It said AP France employs 28 full-time journalists and 67 other contributors. Bollore, the largest single shareholder in ad agencies Havas and Aegis, already has other media investments, including the Direct8 TV channel in France, a Parisian cinema and daily freesheets Direct Soir and Matin Plus.
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Vincent Bollore saw a company that was undervalued, with a poor acquisition strategy to boot. But he ... saw in Euro a very entrepreneurial, ideas-driven agency. Once, Euro succeeded despite the holding company; with Vincent Bollore it succeeds with the holding company, Jones explains.
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Bollore, who owns 29 percent of Aegis shares, has been trying to gain a foothold on the Aegis board, but the shareholders denied his nominations for two board seats in June. Now, he has asked for a meeting, AdWeek reports (via MediaBuyerPlanner). Though Aegis has not received the required formal notification that would require it to schedule such a meeting, that notification is reportedly expected soon.
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