May 11, 2017 / 3:59 PM / 4 months ago

Vivendi makes an indicative offer to buy Bollore's stake in Havas

PARIS, May 11 (Reuters) - French media giant Vivendi on Thursday offered to buy the 60 percent stake owned by Group Bollore in advertising group Havas at a price of 9.25 euros a share.

The offer reflects a premium of 8.8 percent over the closing price for Havas on Wednesday, Vivendi said in a statement.

The group said it aimed to reach a binding agreement with Groupe Bollore “as soon as possible.” (Reporting by Mathieu Rosemain and Gwenaelle Barzic, Editing by Dominique Vidalon)

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