Bollore strengthens hand at Havas
Article Abstract:
Vincent Bollore has been appointed Chairman of French advertising agency Havas S.A. Mr. Bollore owns a 22 percent stake in the company and is the largest shareholder. Havas S.A. has created a power-sharing top management arrangement between Mr. Bollore and Chief Executive Officer Philippe Wahl.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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Havas CEO moves to Thwart takeover
Article Abstract:
Chief Executive Officer Alain De Pouzilhac of France's Havas, has rounded major investors to form a "shareholders club" to back his continued leadership. This management strategy is to fend off a potential buyout by Bollare. Havas reported a net profit of $44.7 million.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
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