Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
NEW YORK Vincent Bollore, the French corporate raider who has amassed a 10.4 percent stake in Havas, said on Tuesday that he plans to increase his stake in the Paris-based holding company, but said he has no “current” plans to seek control of Havas. Bollore is expected to raise his stake to around 15 percent.
Havas launched a $490 million rights offering on Sept. 17, the proceeds of which will be used to refinance $810 million of convertible bonds due in 2006.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in