|Bid||7.25 x 12000|
|Ask||7.45 x 409500|
|Day's range||9.19 - 9.21|
|52-week range||6.71 - 9.37|
|PE ratio (TTM)||21.75|
|Earnings date||20 Jul 2017|
|Dividend & yield||0.20 (1.95%)|
|1y target est||9.31|
A tie-up between French media giant Vivendi (LSE: 0IIF.L - news) and advertising group Havas (Swiss: OXHAVA.SW - news) has no business rationale and could risk a conflict of interests, Publicis Chairman Maurice Levy said on Friday. French tycoon Vincent Bollore's merger of Havas (LSE: 0MGT.L - news) , run by his son Yannick, with Vivendi is scheduled to close in two weeks.
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Vincent Bollore said on Thursday he wanted his son Yannick to eventually take over as chief executive of Vivendi, the French media group where Bollore is chairman and leading shareholder. Bollore, aged 65, has already stated his plan is to hand over his majority-owned Bollore Group to his four children in 2022, the year of the conglomerate's bincentenary. Four years ago Yannick, 37, became chief executive of advertising group Havas , which is 60 percent-owned by Bollore and last year he joined Vivendi's supervisory board, chaired by his father.