WPP head backs Vincent Bolloré to take over Aegis after Synovate sale

Sir Martin Sorrell has backed Aegis Media's largest shareholder, Vincent Bolloré, to take over the UK media buying company after the conclusion of the sell-off of its research arm Synovate .

Sorrell, speaking to MediaGuardian.co.uk at the Cannes Lions International, also said he had no problem with the potential market impact of News Corporation's proposed takeover of the 60% of BSkyB it does not already own.

"It is totally fine, I don't see the difference to where they are now and where they would be," he said.

Sorrell has previously said he is not interested in buying Synovate – WPP acquired research firm TNS in 2008 – but on Thursday admitted that some parts of Aegis Media were attractive to WPP.

Analysts have pointed out that there are likely to be anti-trust issues in some countries, as WPP is already a dominant force in media buying in most major advertising markets.

However, Aegis Media also owns creative businesses such as the Isobar network and recent acquisition Mitchell's in Australia.

Sorrell said WPP had "not looked at it" but said there were "bits" of Aegis Media that were "interesting". "Anti-trust doesn't apply to everywhere in the world," he added.

However he made it clear that speculation on the potential sell-off of either Synovate, which is likely to be sold to French research firm Ipsos, or Aegis Media was purely an "academic question" given Bolloré's 26.5% share holding.

"Jerry Buhlmann is chief executive [of Aegis Group] in a company with a 30% shareholder sitting on his shoulder, a Bolloré parrot on his shoulder," he said. "It is not in his gift [to sell], you have to go and bend the knee to Vincent, have to ask his permission. He decides what happens, he can stop it. Even if it is 51% [of voters required to sell Synovate or Aegis Media] it is 51% of those voting and he is in control of it."

Some analysts have installed Maurice Levy's Publicis Groupe – which has also said it is not interested in Synovate – in pole position for buying Aegis Media if it comes to market.

Sorrell's money is on Bolloré, who despite recently claiming that his stake in Aegis was now just "financial" and not "strategic" has previously long argued the logic of a tie-up with Havas.

"I think the primary candidate [to take control of Aegis Media] is Bolloré," he said. "If you own Havas then Havas plus Aegis has got to be worth more than Havas alone."

Sorrell also said he believed that Ipsos will be the victor in the £500m acquisition of Synovate – no rival bids have yet emerged – but felt that Aegis Group executives should have made Bolloré aware of the talks earlier.

Media Guardian Co Uk - News


WPP head backs Vincent Bolloré to take over Aegis after Synovate sale
WPP head backs Vincent Bolloré to take over Aegis after Synovate sale

Sorrell, speaking to MediaGuardian.co.uk at the Cannes Lions International, also said he had no problem with the potential market impact of News Corporation's proposed takeover of the 60% of BSkyB it does not already own. "It is totally fine,



Government confirms it is to scrap COI
Government confirms it is to scrap COI

To contact the MediaGuardian news desk email editor@mediaguardian.co.uk or phone 020 3353 3857. For all other inquiries please call the main Guardian switchboard on 020 3353 2000. If you are writing a comment for publication, please mark clearly "for



ABCe: Mail Online nears 80 million monthly users
ABCe: Mail Online nears 80 million monthly users

News & Media website network, which incorporates content from the Guardian and Observer and includes MediaGuardian.co.uk, had just under 49.2 million monthly unique users when it last reported an official ABCe monthly figure for March.



Phone-hacking investigation: arrested woman 'may have written for NoW'
Phone-hacking investigation: arrested woman 'may have written for NoW'

To contact the MediaGuardian news desk email editor@mediaguardian.co.uk or phone 020 3353 3857. For all other inquiries please call the main Guardian switchboard on 020 3353 2000. If you are writing a comment for publication, please mark clearly "for



Alexander Lebedev: Mail 'more entertaining' than Independent
Alexander Lebedev: Mail 'more entertaining' than Independent

To contact the MediaGuardian news desk email editor@mediaguardian.co.uk or phone 020 3353 3857. For all other inquiries please call the main Guardian switchboard on 020 3353 2000. If you are writing a comment for publication, please mark clearly "for




Twitter

Bill Sloan RT : Facebook: we need to build better links with advertisers


Matthew Holehouse Lebedev: Indy is "a bit boring"; prefers the Mail


bbccollegefeeds Media Guardian WPP head backs Vincent Bolloré to take over Aegis after Synovate sale: Sir Martin Sorrell says Ae...


US Media WPP head backs Vincent Bolloré to take over Aegis after Synovate sale: Sir Martin Sorrell says Aegis Media's lar...


UK Media WPP head backs Vincent Bolloré to take over Aegis after Synovate sale: Sir Martin Sorrell says Aegis Media's lar...


Media Guardian Co Uk - Bookshelf

Mass media, mass propaganda, examining American news in the "War on Terror"

Mass media, mass propaganda, examining American news in the "War on Terror"

... Guardian, 16 December 2005, http://www.guardian.co.uk/comment/story/0,3604 ... the Candy Bar Imperative," in Feet to the Fire: The Media After 9/11, ed. ...

AS media studies, the essential introduction

AS media studies, the essential introduction

Media Guardian -published as a supplement to the Guardian every Monday and ... Guardian Unlimited (<http://www.guardian.co.uk>) is particularly recommended ...

Journalism after September 11

Journalism after September 11

Day, J. (2001) September 11 changed Mirror forever, says Morgan, Media Guardian, October 23. Available online at www.media.guardian.co.uk/Print/0,3858 ...

Media at war, the Iraq crisis

Media at war, the Iraq crisis

The communication by the media of information (including information obtained by investigative ... (www.media.guardian.co.uk/ huttoninquiry/story/0,1 3812,1 ...

Codifying cyberspace, communications self-regulation in the age of internet convergence

Codifying cyberspace, communications self-regulation in the age of internet convergence

The story in question appeared in the UK Sunday Mirror on 25 January 2004 ... The Guardian: http://media.guardian.co.uk/mediaguardian/story/0,1740131 ...

Everyday Note Directory


Media news, UK and world media comment and analysis | Media ...
Latest media news, UK and world media comment and analysis from the Guardian, the world's leading liberal voice

Media jobs | Guardian Jobs
Apply for Media jobs on Guardian Jobs. Browse through 100s of media jobs & new media job vacancies available today.

guardian.co.uk - Wikipedia, the free encyclopedia
It is the second-most popular UK newspaper website after MailOnline (dailymail.co.uk), as of August 2010, ... guardian.co.uk is part of the Guardian Media Group of newspapers, ...

Media jobs &amp; advice | Guardian Jobs
Find media jobs and advice on Guardian Jobs. Browse through our media job categories to find that perfect job in advertising, creative media, digital ...

Guardian Unlimited
The Guardian Unlimited includes U.K. and world news, sport, politics, business, arts, and more.
TOP