Bollore Continues Aegis Share Creep

Vincent Bollore continued his relentless acquisition of Aegis shares this morning, buying up a further 2 million at a cost of £2.6 million to push his combined stake in the media buying firm to 20.67%.

The purchase is the latest in a long line made by Bollore’s company, Financiere Du Loch, which have sparked rumours that the French entrepreneur will soon make an open lunge for control of the company.

The creeping share purchases completed by Bollore in recent weeks echo his actions prior to taking control of French media giant Havas, in which he holds a 22% stake.

However, several other firms are believed to be interested in a bid for control of Aegis. Earlier this month, WPP confirmed it is considering a bid for the company’s research arm Synovate (see WPP Confirms Interest In Aegis Research Arm).

Aegis Group: 020 7070 7700 www.aegisplc.com