But the spokesman said: "We are very clear, we do not want to sell Havas or transfer ownership to anybody else." The Bolloré Group is led by Vincent Bolloré, the father of Yannick Bolloré, who became the chief executive of Havas earlier this year. The friendly transaction continues the relationship between the two companies, which began ten years ago. Vincent Bolloré, the Bolloré Group's chairman, said: "The public exchange offer fits into the continuity of Bolloré's long-term investment in Havas, initiated over ten years ago.