Archive for 2018

Published 31st Dec 2018, 16:12

S4 Capital upbeat, but acquisition prices still look rather generous

Sir Martin Sorrell’s new marketing group S4 Capital is reported to have continued trading “in line with expectations” with healthy revenue growth in the period to 30 November 2018, according to... Read more
Published 31st Dec 2018, 00:01

Freud engages in accounting date antics yet again

Matthew Freud’s high profile public relations business Freud 3.0 has taken advantage of a weakness in company law yet again, deferring the deadline for filing its 2017 accounts by another three... Read more
Published 31st Dec 2018, 00:01

Freud’s accounting manoeuvres: explain or desist

Any company that feels the need to change its year end date by just one day on four separate occasions in the last two years is either experiencing some very peculiar circumstances or is likely to be... Read more
Published 27th Dec 2018, 19:05

Matomy Media reveals fund raising and survival plan

Matomy Media Group today put proposals to its bondholders that, if accepted, would leave it in control of selling its 90% subsidiary Team Internet instead of facing the prospect of being obliged to... Read more
Published 27th Dec 2018, 10:50

Matomy Media projects cash deficiency at December 2019

In a rather bizarre cash projection produced for its bondholders, the AIM listed Israeli digital advertising sales business Matomy Media anticipates that it will run out of cash by the end of 2019,... Read more
Published 26th Dec 2018, 20:09

Happy Christmas for MightyHive shareholders

Shareholders in the US media consultancy MightyHive enjoyed a bumper Christmas present when Sir Martin Sorrell’s S4 Capital completed the £118 million ($150 million) purchase on Christmas Eve and... Read more
Published 22nd Dec 2018, 18:49

Matomy bondholders seek appointment of court expert

Bondholders in the AIM listed Israeli digital advertising sales business Matomy Media Group are seeking the appointment by the District Court in Tel-Aviv of financial expert Omer Servinsky to... Read more
Published 21st Dec 2018, 19:50

Publicis bids to acquire Soft Computing for €52m

Publicis Groupe is planning to spend €43.4 million on acquiring an 82.99% shareholding in the French data marketing company Soft Computing as a prelude to acquiring the entire company. In an... Read more
Published 20th Dec 2018, 22:52

Shareholders continue to support Matomy Media negotiations

Matomy Media Group, the AIM listed Israeli digital advertising sales business, has obtained confirmation that financial support from certain shareholders will continue beyond the originally specified... Read more
Published 20th Dec 2018, 22:25

S4 Capital successfully raises £74m for MightyHive deal

Sir Martin Sorrell’s new acquisition vehicle S4 Capital has successfully raised the £74 million in new share capital (£70.6 million net of expenses) required to complete the acquisition of the US... Read more