Lions before the sale

Awards The international advertising festival in Cannes should have a new owner in two months at the latest, and according to founder and Chairman Roger Hatchuel, talks with potential clients are in full swing. It is considered likely that the future operator will be a group of investors. It is still unclear whether anyone will raise the purchase price that Hatchuel has in mind. Stefano Hatfield, former editor-in-chief of the US industry service Adage Global, is talking about 70 million euros. In his column in the Guardian, Hatfield writes that the rumor mill sees the British publishing house Emap as the favorite for the takeover.