Bollore raises stake in Vivendi to more than 20%


HELSINKI: Vincent Bollore’s investment company is increasing its stake in Vivendi SA to more than 20% as the billionaire tightens his grip over the French media conglomerate.

Bollore Group is set to hold about 29% of voting rights in Vivendi by April 20, 2017, taking into account the double voting rights attached to the shares it is acquiring, according to a statement.

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Business , Vincent Bollore , Vivendi , stake

   

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