Bollore to hand over Vivendi to sons as Universal rumours swirl
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PARIS (Reuters) - Billionaire Vincent Bollore will further withdraw from Vivendi's management at a crucial time for the French media giant, which is struggling in Italy and is weighing the sale of Universal Music Group (UMG).Bollore, Vivendi's number one investor, will be replaced by his son Cyrille in April at the board, following a vote by shareholders, the group said. The appointment will come just a year after another son, Yannick, succeeded the French tycoon as chairman. The surprising..