Bollore Tries Again With Aegis

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NEW YORK Vincent Bollore will try for a fifth time to win two seats on the board of directors of Aegis Group at the London-based agency holding company’s general shareholders meeting on May 23.

Bollore, who is the largest single Aegis shareholder at 29 percent-plus, is once more proposing longtime business associates Philippe Germond and Roger Hatchuel for the seats.
 
Aegis said it would issue a position statement at a later date. On each of the previous four occasions, the company recommended that shareholders vote down the Bollore candidates because of the conflict of interest posed by Bollore’s controlling interest in competitor Havas, where he serves as chairman.

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