Havas CEO Says in Memo That Company Isn’t in Talks With WPP

Havas NV Chief Executive Officer Yannick Bolloré denied being in talks with WPP Plc about a potential investment in the British advertising firm, according to a note sent to employees.

“It’s our policy not to comment on market rumors, however, given the recent press coverage amplifying these rumors and the questions we’ve received from colleagues and clients, we want to clarify that we are not in discussions with WPP,” Bolloré said Monday in an email to staff seen by Bloomberg News.

The Times reported over the weekend that Havas had expressed interest in buying part or all of rival WPP. ...