French billionaire Vincent Bollore, who owns a 29.1 percent in Aegis and has already been rebuffed once in his attempt to gain seats on the board, may be making another run at gaining control of the agency.
According to reports in European financial papers, Bollore plans to ask for a new meeting with the Aegis board by early October, writes MediaPost (via MediaBuyerPlanner).
Bollore gradually acquired shares of Havas, then seats on the board and ultimately gained control of the Paris-based rival, and speculation from observers has been that he may be trying a similar tactic with Aegis.
It was Bollore's very role as chairman of Havas that the Aegis board used to convince shareholders to keep Bollore's handpicked nominees off the Aegis board.
