Bollore Adds 1.03 Million Aegis Shares, Boosts Stake to 20.22%

  • October 24, 2005
French financier and Havas Chairman Vincent Bollore acquired another 1.03 million shares of Aegis Group stock, raising his stake to 20.22 percent from 20.13 percent of the U.K.-based media services and marketing research holding company. Citing an unnamed source, Reuters reported Friday that Bollore met with Aegis CEO Robert Lerwill on Thursday and that Bollore is "still keen for Aegis to stay independent." Potential Aegis suitor WPP Group continued purchasing stock derivatives in anticipation of its own bid. -- Joe Mandese
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