Havas isn’t facing the same pressure to grow as other holding companies are. The privately-held agency network, owned by French media mogul Vincent Bolloré’s family empire, The Bolloré Group, isn’t subject to pressures of the stock market. “When you’re privately owned, you can focus on the long term,” said the elder Bolloré’s son, Havas CEO […]
French media conglomerate Vivendi on Thursday made a bid for the Bolloré Group’s 60% stake in agency holding company Havas at roughly 9.25 euros per share. The offer values the Bolloré Group’s stake at 2.36 billion euros. Read the release. Yannick Bolloré is CEO of Havas and the son of Vincent Bolloré, chairman and CEO […]
Yannick Bolloré, the newly appointed chairman and CEO of Havas, took to the Times Center stage Wednesday at Advertising Week to talk about changes at the French agency holding company in the wake of last year’s restructuring. Bolloré, a family-owned investment group steered by Yannick’s father and famed French investor Vincent Bolloré, owns a 37% […]
