Bolloré ‘assured' by Napier's Aegis stewardship
Share
FRANCE-- Vincent Bolloré's long-running bid to win representation on the board of Aegis could be over.
The billionaire is said to be “very assured” by the management of the media buying and market research group under chairman John Napier, who took over CEO duties in November following the departure of Robert Lerwill.
Announcing his investment group's 2008 results last week, Bolloré said Aegis's performance was “no longer an important point of concern” – which the Financial Times took to mean an end to his attempts to win board seats.
Bolloré owns 29% of the group – parent of research agency Synovate – and has tried and failed on five occasions to get his nominees elected, most recently in May last year.
Author: Brian Tarran
Related links:
Jobs lost at Synovate as Aegis Group moves to reduce costs
Bolloré's back buying more Harris shares
