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Vincent Bollore
built 656 days ago
At a highly charged shareholders meeting in Paris, Bollore shrugged off talk that he plans to dismantle the company. "I'm no Darth Vader," the corporate raider said. Bollore, who has taken a 20% stake in Havas, has made no secret of his doubts about current management.... He'll control nearly a third of the 13-member board.
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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.
DIRECT SOIR LAUNCHES IN PARIS: French commuters got a sight of the latest free-sheet newspaper last Tuesday with the debut of Direct Soir, an evening paper from Breton businessman Vincent Bollore. The 28-page paper is a low-cost spin-off of the digital terrestrial TV channel, Direct 8, which Bollore launched last year with help from his media adviser Philippe Labro, the Anglophile journalist, writer and film-maker.
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Bollore has called for an end to the bitter dispute between himself and de Pouzilhac over the company's future. De Pouzilhac has refered to Bollore's actions as a "creeping takeover" that is hurting it competitively.
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Bollore owns nearly 29 percent of Aegis; by U.K. rules, he must make a mandatory takeover bid if his holdings reach 30 percent. Aegis is holding its annual general meeting June 14, when it will ask investors to vote on proposed resolutions.
"When we started some 14 years ago with the idea of an electric car, everybody laughed at us," Bollore said at the family manor where the factory inauguration was celebrated. "But now everybody talks about electric cars, but we are the only ones with a battery!" he said.
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