PARIS, July 12 The Bollore group
confirmed on Thursday that it has agreed to sell its 26.4
percent stake in British marketing group Aegis to
Japan's Dentsu for 240 pence a share.
Bollore said it was selling 14.99 percent of Aegis to Dentsu
on Thursday for about 535 million euros ($655.35 million) and
that it would sell a further 5 percent within two months,
subject to regulatory approvals.
Bollore added that it would then tender its remaining 6.4
percent to the offer.
"If all these transactions were completed, the Bollore Group
would receive a total compensation of approximately 915 million
euros, thus recording a capital gain of approximately 450
million euros," Bollore said in a statement.