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Is Havas Ripe For Acquisition?

"French billionaire Vincent Bollore,  who owns 37% of Havas, may be willing to sell after already agreeing to part with his holding in London-based advertiser Ageis (AGC)  Group Plc when it was sold to Dentsu," speculates Kristen Schweitzer. She gets a media analyst to agree with her hypothesis -- “If you look at consolidation in the space, then Havas is a key firm to be acquired, despite its European weighting" -- which is countered by a statement by the Havas CEO affirming Bollore's "commitment to the company."

Read the whole story at Bloomberg »

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