Bolloré Loses 2nd Board Bid

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BOSTON French financier Vincent Bolloré today was thwarted for a second time in his quest to gain representation on the board of U.K. agency holding company Aegis Group.

The defeat had been expected following a similar failed attempt by Bolloré to gain seats in June during Aegis’ annual meeting [Adweek Online, June 14].

Bolloré ranks as Aegis’ largest single shareholder and also serves as chairman of Pairs-based rival Havas.

At an extraordinary general meeting today in London, Aegis shareholders voted down proposals to install Bolloré associates Philippe Germond and Roger Hatchuel on the company’s board.

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