Archive for 2012

Published 31st Dec 2012, 12:31

It’s Christmas time, so it’s more bad news time…

Perpetuating the widely practised custom of making depressing announcements during holiday periods, Asia Digital Holdings today reported a further loss of £324,000 for the six months to 30... Read more
Published 24th Dec 2012, 11:15

Asia Digital creditors to get less than 18p per £

Creditors of the disintegrating digital advertising sales company Asia Digital Holdings may get less than 18p in the £ under the terms of a creditors' voluntary arrangement being proposed today (see... Read more
Published 22nd Dec 2012, 15:14

Adventis failure: a wasted £22m acquisition spree

The late and unlamented AIM listed niche marketing specialist Adventis Group lost most of what it spent on acquiring companies during its lifetime, according to financial statements published... Read more
Published 21st Dec 2012, 12:32

Media Circus enjoys strong recovery

The financial fortunes of Media Circus Group have taken a turn for the better as the company has adjusted to the untimely death of its former chief executive Peter Knight in May 2010. The group... Read more
Published 20th Dec 2012, 22:46

LBi International fulfils another condition of Publicis takeover offer

Shareholders in the Amsterdam based digital agency LBi International today approved an amendment to its articles of association, the resignation of some supervisory board members and the appointment... Read more
Published 19th Dec 2012, 14:48

Adventis creditors and shareholders approve voluntary arrangement

Creditors and shareholders of Adventis Group have approved a scheme of arrangement whereby creditors will receive no more than 1p in the £ and the company will be reincarnated as a natural resources... Read more
Published 19th Dec 2012, 08:29

Young & Rubicam’s New York HQ sold for $189m

The building that has been Young & Rubicam’s global headquarters in New York for nearly 90 years has been sold for $189 million, its parent company WPP disclosed today. The building is... Read more
Published 18th Dec 2012, 21:57

Phil Andrews joins Hangar Seven

Phil Andrews, until recently a founding partner of The Engine Group's subsidiary Partners Andrews Aldridge, has joined the board of the marketing production company Hangar Seven. Hangar Seven... Read more
Published 18th Dec 2012, 13:09

Jersey Court approves UK tax rehabilitation of WPP

Earlier today the Jersey Court sanctioned the scheme of arrangement that will result in WPP becoming tax resident in the UK after several years’ sojourn in the benevolent tax environment of the... Read more
Published 17th Dec 2012, 07:42

Huntsworth appoints new chairman of its audit committee

Joe MacHale, a chartered accountant and former international merchant banker with JP Morgan, has been appointed chairman of Huntsworth’s audit committee following the departure of Michael Birkin... Read more