Archive for 2010

Published 6th Dec 2010, 16:36

Round 2 failure poses funding mystery

Mystery surrounds the circumstances in which three previously sound UK agencies were recently acquired by Garfield Ricketts’ Round 2 International UK last year, only to fall into the hands of... Read more
Published 5th Dec 2010, 19:57

Naked and Leading Edge hold back Photon Group

Disappointing results from UK-based Naked Communications and from research group The Leading Edge have been holding back progress at the cash-stretched publicly-listed Australian Photon Group. In... Read more
Published 4th Dec 2010, 12:44

Media Square shares continue downward slide

Shares in Media Square continued their downward slide yesterday, following the trend of the FTSE All-Share index and finishing the day at 5.38p, almost 60% lower than at the beginning of November... Read more
Published 2nd Dec 2010, 08:21

Orme steps down at Leagas Delaney

Nic Orme has ceased his role as company secretary at Leagas Delaney and Leagas Delaney London.  Orme was also described as financial director of the two companies, but did not sit on the boards as... Read more
Published 1st Dec 2010, 22:55

Highly borrowed Canadian private equity fund offloads firms to MDC

Newport Partners, a heavily borrowed loss-making Canadian private equity fund, has found a willing buyer for one of its investments in the shape of another highly borrowed Canadian public company,... Read more
Published 30th Nov 2010, 18:00

Media Square shares plummet

Shares in AIM listed Media Square lost 23% of their value today as a number of relatively small parcels were sold.  The share price by close of trading this evening was just 5.75p, down from 7.5p... Read more
Published 30th Nov 2010, 14:08

Six million shares in Asia Digital change hands

Over 6 million shares changed hands in AIM listed digital media sales company Asia Digital Holdings this morning.  Significant only in number, the transfers represented about 15 transactions... Read more
Published 30th Nov 2010, 13:39

Creston without DLKW reports steady profits

Creston’s sale of DLKW Group to The Interpublic Group of Companies doesn’t seem to have done any immediate harm to group profitability.  The group’s operating profit for the half year to 30... Read more
Published 30th Nov 2010, 12:51

Creston makes logical, if bold, US acquisition

Having sold its advertising agency DLKW to Lowe Group, Creston has been quick to use its revised bank facility to buy a different type of business in the United States. The new acquisition is the... Read more
Published 25th Nov 2010, 19:41

Freud buy-out could be a gamble too far

If the rumours are correct, any hopes that Matthew Freud may have about buying his high profile public relations business back from Publicis Groupe at a knocked-down price might prove hard to... Read more