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Birthday : 04/01/1952
Place of birth : Boulogne-Billancourt (92) - France
Biography : Dr. Vincent Marie Claude Bolloré is Chairman-Supervisory Board at Vivendi SA, Chairman at Blue Solut

Vivendi Makes Offer to Acquire Groupe Bolloré's Stake in Havas

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05/11/2017 | 06:16pm CEST
By Nick Kostov 

PARIS -- Vivendi SA said Thursday it had made an offer to buy Groupe Bolloré's majority stake in advertising group Havas SA as the European media conglomerate controlled by French tycoon Vincent Bolloré continues its attempts to grow.

Vivendi's offer values Havas at EUR9.25 a share, a premium of 8.8% over its closing price on Wednesday. Mr. Bolloré owns around 60% of Havas and more than 20% of Vivendi through his family-controlled group.

Should the offer lead to a deal, it will see greater ties between Vivendi's units including Universal Music Group and StudioCanal, and Havas's creative and media business.

Write to Nick Kostov at [email protected]

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