Havas CEO Yannick Bolloré: If Vivendi Spins Off Havas, It Won't Be Via a Sale

The company grew net revenue by 4.4% in 2023

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Havas Group is on the brink of potential change as its parent company, Vivendi, contemplates spinning off the growing advertising network as its own public entity.

If the project were to go through—and it’s not confirmed yet—Havas would be listed as a public company in its own right, a move Havas’ chairman and CEO, Yannick Bolloré, believes will increase Havas’ shareholder prices.

“It will allow us to continue to develop, to have more financial agility, and I believe it could be a new, very exciting chapter for Havas,” Bolloré said.

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