Finance

Well we didn’t see this one coming. Aegis, the global media planning and buying group, has agreed a $3.16bn sale to Japanese marcoms giant Dentsu, owner of the Mcgarrybowen creative agency. The 240p a share offer is a 48 per ...

With all the stuff about Spain’s economy hogging the headlines it’s easy to forget about the plight of Greece. But big Greek telecoms company OTE and UK marketing agency OgilvyAction have been trying to drum up business for Greek SME ...

Which just happens to be based in Boulder, Colorado, home of Bogusky’s former agency Crispin Porter+Bogusky, now owned by Miles Nadal’s MDC Partners. The new agency, where Bogusky is a both a shareholder and creative director, was founded last year ...

The latest Bellwether survey from the UK’s IPA (the agency trade body) published today shows that marketing budgets were revised down for the first time in a year in Q2 (April to June) reflecting pressure to cut costs as profit ...

The award (won by Mars this year) doesn’t go to an individual of course but Coca-Cola marketer Jonathan Mildenhall (left) has become the face of the mighty corporation and its excellent advertising. Coke won 30 Lions at this year’s festival ...

For a pillar of the British high street Marks & Spencer has a notoriously wobbly history. Back in the 1980s it briefly topped £1bn in profits under Sir Rick Greenbury, only to nearly implode as it was undercut by rivals ...

Former Kinetic boss Eric Newnham (left) has now completed his earn-out deal with WPP (a marathon rather than a sprint) and it looks like his involvement with mini outdoor specialist agency Talon is indeed going to be his new big ...

As reported in Ad Age. Here goes, from Nigel Bogle. Ad Age: What will happen to the BBH brand now that you are fully owned by Publicis Groupe? Mr. Bogle: I’ve said to Maurice [Levy] for years, ‘The lighter your ...

Czech sculptor Anna Chromy’s celebrated ‘Olympic Spirit’, epitomizing the spirit of the athletes competing at the London 2012 Olympic Games, is to be sold after the Games to help raise money for British athletes at the next Winter Olympics in ...