French billionaires Vincent Bolloré and Xavier Niel oppose Rubis's $504 million share award

Billionaires Africa | 11.11.2026 03:03
French billionaires Vincent Bolloré and Xavier Niel are opposing a plan by Rubis SCA, the Paris-listed fuel distributor with large operations across Africa, to hand its managing partners about €450 million ($504 million) in new shares as the company scraps its partnership structure.