Archive for 2018

Published 21st Jun 2018, 15:26

WPP to raise about $348m by shedding Globant shareholding

WPP, the world’s largest marketing group, is expecting to raise about $348 million (£264 million) from offloading its 18.4% stake in the US based digital technology consultancy Globant.   The... Read more
Published 21st Jun 2018, 00:08

Porta increases stakes in Redleaf and its Australian and Hong Kong agencies

The vendors of public relations consultancy Redleaf Polhill have exercised a put option on their residual 19% shareholding, requiring Porta Communications to pay a further £1.047 million to complete... Read more
Published 20th Jun 2018, 23:32

Japanese technology group buys UK consultancy e2y

The digital commerce consultancy e2y has been acquired by a Japanese owned information technology services group Dimension Data. e2y was reported to have made a profit of £309,587 in the year to... Read more
Published 20th Jun 2018, 16:35

MSQ Partners moves into profit

MSQ Partners Group, the marketing group that was bought by its management from the administrators of the formerly publicly listed Media Square in December 2011 and refinanced by NVM Private Equity in... Read more
Published 19th Jun 2018, 15:33

Karmarama returned to healthy profit last year

A 15% increase in gross income (revenue) without any increase in staff costs has enabled the Karmarama advertising agency to report a healthy return to profit under its new owner Accenture. As a... Read more
Published 19th Jun 2018, 09:36

Bids and Deals: June 2018

Dentsu Aegis Network has agreed to acquire the Italian creative agency The Big Now with 98 employees and revenue of £6.5... Read more
Published 18th Jun 2018, 21:01

Dentsu beefs up its VR resources

Dentsu is planning to beef up the resources it dedicates to its virtual reality businesses in the sports and entertainment markets, drawing on technology developed by LiveLike in which Dentsu... Read more
Published 16th Jun 2018, 00:34

Ebiquity clicks onto loss-making Snapchat

Ebiquity, the AIM listed marketing performance monitoring specialist, has entered into an arrangement with the US camera messaging app Snapchat to allow clients to better understand the app’s... Read more
Published 14th Jun 2018, 09:47

Sector share prices: 12 June 2018

Share prices in the marketing sector bucked the positive wider trend as the industry’s MSFI Index fell by 5.03% in the month to 12 June while the FTSE All-Share index remained almost... Read more
Published 13th Jun 2018, 13:51

WPP still being held back by its Kantar businesses

WPP’s research and data management activities (described as data investment management and branded as “Kantar”) continued to hold back growth in the first four months of 2018, the company... Read more