Bolloré to join Vivendi board




Vincent Bolloré, who has amassed more than 1 billion euros in Vivendi SA stock via his family investment firm, will join Vivendi’s board in December,

the

Wall Street Journal

reported.

Groupe Bolloré owns 5% of Vivendi stock and is one of the company’s largest shareholders. The group sold two French TV channels to Vivendi’s pay-TV unit and also made “hundreds of millions of additional share purchases,” the

Journal

article said. (Source:

Wall Street Journal,

Oct. 17, 2012.)

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