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Questions are being asked about whether WPP Group’s desire to extricate itself from its £349 million bid for media agency Tempus Group was driven more by concerns about how the deal might... Read more
Former shareholders in Saatchi & Saatchi who have chosen to retain the Publicis shares they received following the merger will be nursing a 14.5% fall in value measured in euro although, thanks... Read more
The Interpublic Group of Companies has doubled its predicted write-offs for the year to a staggering $900 million after reporting a first half loss of $139 million. A loss for the full year is now a... Read more
As we went to press Envoy Communications Group declined to comment on rumours that its plan to acquire Leagas Delaney Group had collapsed following Leagas’ disappointing profit record and the slump... Read more
Incepta Group has acquired two associated sponsoring consultancies Karen Earl and Redmandarin in a deal that has enabled Karen Earl to recover loans made to fund initial losses at... Read more
Tempus Group founder Chris Ingram would collect cash and shares worth about £62 million if the takeover bid by the French group Havas Advertising goes ahead. And a higher counterbid from 20%... Read more
Profits reported by French marketing services groups Publicis and Havas Advertising for 2000 would have been slashed by more than two-thirds if they had complied with US accounting rules. Publicis’... Read more
Roland Rudd, founder of financial PR consultancy Finsbury, earned an average of almost £1 million in each of the last two years before cashing in on his good fortune with a sale of the business to... Read more
Shares in New Media Industries (NMI) - introduced to the Alternative Investment Market (AIM) on 11 April - had fallen 21% to 8p by 30 June, reflecting increasing concerns about the marketing... Read more