The agreement, valued at approximately $2.5 billion, was unveiled in May. It was not unexpected, as Bollore Group controls both entities and has been pushing for greater cooperation between the two firms.
Paris-based entertainment conglomerate Vivendi has made an offer to buy up the 60% stake in Havas owned by the Bollore Group for approximately 2.36 billion euros (about $2.56 billion). The move is not unexpected as Bollore Group controls both entities and has pushed for greater cooperation between the two firms for some time.
