Bollore close to takeover threshold for Aegis Group

05/18/2006 | MediaPost Communications

French financier Vincent Bollore is one step closer to taking over U.K.-based media agency holding company Aegis Group, with the disclosure that he has increased his holdings to 27.56% of the company; U.K. law requires holdings of 29.9% to launch a formal takeover. Bollore's move comes one week before the Aegis Group's annual meeting in London.

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