Finance

WPP CEO Sir Martin Sorrell has been chatting to Bloomberg Television and confirmed that his company will spend £200m on acquisitions this year (double its ‘usual’ £100m). £100m hasn’t been the norm for very long, in 2008 WPP spent £1.1bn ...

It does if they’re represented in what Unilever CEO Paul Polman calls “white space” anyway, markets across the world where some Unilever brands are unavailable. Polman has told the Financial Times that he believes Unilever, now in a hotly contested ...

Google is lining up a deal to buy online display advertising company Admeld for around $400 million. Admeld allows publishers sell display ads in real time. When internet users arrive at a publisher’s website advertisers can bid to buy ad ...

Most commentators see French tycoon Vincent Bollore, chairman of Havas and the biggest individual shareholder in both Havas (33 per cent) and Aegis (26.5 per cent) as the key player in the unfolding drama of media buyer Aegis, which is ...

Well the other broadcasters are certainly not very keen to pay for it, ITV rather rudely declining coalition government culture, media and sport secretary Jeremy Hunt’s plea to invest a reported ‘tens of millions’ in a new network of local ...

French research giant Ipsos has bid £500m for Synovate, the global research firm owned by media buying group Aegis. Synovate has lagged its bigger sibling’s performance over the past decade so a bid should be welcome, allowing Aegis to cuts ...

Well lots of shareholders think he isn’t, 40 per cent of them voting against the WPP reuneration committee’s decision to award digital supremo and main board director Mark Read a boost in his base salary and a big bonus last ...

WPP has just produced its trading update for the first quarter of 2011 and says its revenues are up 6.2 per cent, a bit less than last year’s 6.5 per cent. Shareholders won’t be too impressed by this as it’s ...

All sorts of reasons have been offered for Japanese giant Dentsu’s inability to expand out of its home country (where it enjoys a dominant share of a huge market), the most convincing being its apparent determination to keep all the ...