Ipsos confirms Synovate interest June 6, 2011 Exclusive by Steve Dinneen IPSOS has confirmed to City A.M. it is officially in talks to buy the £500m rated Synovate division of Aegis. Top executives, including co-President Didier Truchot, decided at a crunch meting in Paris yesterday to proceed with negotiations over the market research unit. Aegis yesterday confirmed to the market it has [...]
Aegis in talks over sale of research arm June 5, 2011 AEGIS is involved in “early stage” talks with Ipsos Mori over the sale of its Synovate market research business, according to people close to the matter. Sources told City A.M. “very preliminary” discussions had taken place but could not confirm when they began. Aegis is expected to issue a statement to the London Stock Exchange [...]
Aegis in talks over sale of research arm June 5, 2011 AEGIS is involved in “early stage” talks with Ipsos Mori over the sale of its Synovate market research business, according to people close to the matter. Sources told City A.M. “very preliminary” discussions had taken place but could not confirm when they began. Aegis is expected to issue a statement to the London Stock Exchange [...]
WPP buys Brazilian firm as sales grow June 3, 2011 Advertising giant WPP has shrugged off the economic gloom to deliver more than six per cent like-for-like sales growth in the four months to the end of April. Martin Sorrell’s firm said a strong performance in the US, where revenue rose almost eight per cent, and in the UK, which saw more than a seven [...]
WPP grows sales as US revenue rises June 2, 2011 WPP, the world’s largest advertising group by revenue, said like-for-like sales grew more than six per cent in the four months to the end of April, buoyed by the United States and in line with its forecast for the year. The firm, led by Sir Martin Sorrell, said yesterday its US revenue was up almost [...]
Economic shocks sent FTSE back below the 6,000 mark June 1, 2011 BRITAIN’S top share index dropped back yesterday as below-par US economic pointers and weak UK manufacturing and housing data intensified investor concerns about the strength of the global economy. At the close, the FTSE 100 index was down 61.38 points, or one per cent, at 5,928.61, reversing sharply in the afternoon after briefly pushing back [...]
Muted gains for FTSE are expected with US payrolls May 30, 2011 WHILST UK and US stock markets were closed for an extended holiday weekend yesterday, other global markets struggled to find direction in thin volume, doing little more than drift sideways. Greek troubles continue to permeate investor caution. In out-of-hours trading, GFT is forecasting the UK index to edge higher, with prices suggesting an open of [...]
Muted gains for FTSE are expected with US payrolls May 30, 2011 WHILST UK and US stock markets were closed for an extended holiday weekend yesterday, other global markets struggled to find direction in thin volume, doing little more than drift sideways. Greek troubles continue to permeate investor caution. In out-of-hours trading, GFT is forecasting the UK index to edge higher, with prices suggesting an open of [...]
The changing of the guard at Goldman Sachs May 23, 2011 A changing of the guard at Goldman’s UK investment banking division is always closely watched and so it is that there is much discussion about the two thirtysomethings that have been put in charge of UK investment banking. The recent departure of Julian Metherell, the former head, who is going to start an investment firm [...]
Lamprell uses rights issue to acquire peer May 19, 2011 BRITISH oil services firm Lamprell has agreed to buy Gulf-based peer Maritime Industrial Services (MIS) in a deal worth £208m. The Isle of Man-based firm will use a rights issue, debt and cash to acquire the Norwegian-owned rig maker. The fully underwritten issue will offer new shares of the company at 232p per unit to [...]