Bollore plays down chances

Vincent Bollore says he has little hope of winning the seats on the Aegis board he is seeking at the company's annual general meeting. <BR><BR> Bollore, who holds a 29.12% stake in the UK media buying and research group, faces stiff opposition in his bid to win the board sits after the Aegis board, led by chief executive Robert Lerwill, rallied investors to vote down the resolution. <BR><BR> Speaking at Havas's own AGM, Bollore said: "We don't have much hope of being appointed. Those who think that Havas is in a strategic limbo without Aegis are wrong." <BR><BR> Aegis has argued that the move by Havas chairman Bollore to win board seats on the board of Aegis represents a conflict of interest. <BR><BR> However, he also signalled that he does not plan to give up on Aegis and told investors the he was in "no hurry". He said he was more than just a short-term fixture. <BR><BR> Ultimately Bollore would like to merge or form a partnership between the Havas-owned MPG and Aegis-owned Carat. <BR><BR> <a href="http://www.brandrepublic.com/login/index.cfm?fuseaction=Login&resource=BR_News&articleType=news&article=563897">Click here for Brand Republic</a>