Bolloré allegedly wants to ally with WPP

The French investor Vincent Bolloré
speak with the advertising holding company WPP and the holding company
Hellman & Friedman (H&F) on a joint offer for the
Media Group Aegis, reports the Financial Times (FT). They are
under time pressure: The British stock exchange regulator has issued WPP and H&F with a
Deadline set for November 25. If no offer is received by then,
they have to wait six months before they can bid again. The three
According to the FT, the parties are endeavoring to extend this deadline.
Aegis CEO Robert Lerwill did not rule out such a move, but made a
"concrete, realistic and plausible offer" as a condition. According to
According to the British Guardian, it is WPP that has approached Bolloré.
The Frenchman, who is also Chairman of the advertising holding company Havas
24.99 % in Aegis in recent months. So far emphasized
Bolloré said he wanted to keep Aegis as an independent company, which also
is the preferred management option.