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Razorfish acquisition boosts revenue growth at Publicis
Revenue growth at French based Publicis Groupe in the first quarter of 2010 outstripped other global groups that have reported so far, benefitting from the acquisition of Razorfish in October last...
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Interpublic continues to struggle along a rocky road to recovery
Interpublic is continuing to struggle along a rocky road to recovery as it reported a loss last week of $71.5 million for the quarter to 31 March, almost unchanged from the result reported for the same...
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Aegis looks down under for more upside
This morning’s announcement that Aegis Group plans to acquire the listed Australian marketing services business Mitchell Communication Group for £207 million has all the signs of an exciting strategic...
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Havas struggles to raise revenues, but profits recover to 2008 level
Havas has succeeded in restoring its post-tax profit for the first half of 2010 to the same level as it achieved two years ago, but on lower revenues. The modest profit recovery, announced today, was...
View ArticleWhy buy small?
There’s been a lot of acquisition activity in the last month, but curiously not much money has been changing hands. This week WPP’s Grey network acquired a digital agency in Singapore that boasted...
View ArticleIs Havas big enough for Aegis?
Havas produced financial results for the first half of 2011 that represent something of a curate’s egg and leave open the question of whether there is any realistic prospect of the group getting...
View ArticleHas “sports marketing” become the new “digital”?
The recent rush to acquire sport related agencies by companies like Chime and Havas ahead of the Olympic Games and 2014 World Cup may offer acquirers some attractive short term gains, but what about...
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Who’s afraid of Publicis? Perhaps we should be.
We little Englanders may not like to admit it, but the evidence suggests that Publicis Groupe is growing faster than any of the other “Big Five” global groups. It would have been less irritating if...
View ArticleWho will buy the last big digital independent?
With AKQA’s shareholders extracting a juicy $540 million from WPP, it’s hardly surprising that other would-be acquirers are swarming round the only other obvious large candidate likely to be for sale –...
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Why does Maurice Lévy want to spend €416m on buying LBi?
Few would challenge the Publicis policy of investing in digital assets in the manner pursued so energetically by chief executive Maurice Lévy. It has proved to be a good strategy so far. And, as a...
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