The Television Corporation has announced the receipt of a take-over bid from Welsh producer, Tinopolis, with reports claiming the offer is around 90p per TV Corp share, valuing the business at around £37.5 million. Resulting from the offer, TV Corp’s board has decided to undertake a “full strategic review considering al of the options available… Continue reading Tinopolis Approaches TV Corp In Take-Over Bid
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Vincent Bollore’s position amid rumours of an Aegis takeover continued to develop this morning, with the French businessman and head of media giant Havas snapping up a further 3.25 million shares in the British firm.Bollore’s latest purchase cements his position as Aegis’ largest shareholder, with a stake of more than 15% in the firm.The media… Continue reading Bollore’s Stake In Aegis Reaches 15%
Media and communications company, Aegis, has distanced itself from industry speculation that its recent string of acquisitions will result in higher than expected profits for 2006. According to a report in the Independent this morning, Aegis’s 2006 earnings are likely to be “substantially” higher than current market forecasts, due to the 25 small companies that… Continue reading Aegis Denies 2006 Profits Beating Forecasts Rumours
Small organisations in Britain are the most likely to cite marketing as essential to running a successful business, with the latest marketing trends survey by The Chartered Institute of Marketing (CIM) and MORI, showing the majority of firms invest in having a marketer in the board room. The study found that two thirds of marketers… Continue reading Small Businesses Rely On Marketing
Robert Lerwill, chief executive officer of Aegis, has spoken out about recent industry speculation over a possible take-over bid for the media and communications company, saying there is a “certain logic” to a partnership in media with Havas. Over recent weeks French entrepreneur and Havas chief executive, Vincent Bollore, has been increasing his stake in… Continue reading Lerwill Says There Is Logic To Partnership With Havas
Digital radio broadcaster and programme producer, UBC Media, has announced that revenues for the group have continued to grow in line with expectations, with advertising revenues for its radio division up by 20% year on year for the first six months of 2005. The strong performance seen in UBC’s radio sector reflects the industry’s transition… Continue reading UBC Radio Revenues Up 20%
Groupe Bollore, headed by Havas chief executive and French entrepreneur Vincent Bollore, is preparing to increase its stake in Aegis, fuelling industry speculation over a possible take-over bid for the media and communications business. According to reports this weekend in the Sunday Times, Bollore intends to push his stake up to almost 20%, after increasing… Continue reading Groupe Bollore To Push Aegis Stake To 20%
French entrepreneur Vincent Bollore has further increased his stake in Aegis, pushing it up to 13.35% and heightening industry speculation of his intentions surrounding the media communications company. The move follows Bollore slowly raising his profile in the firm, gaining share throughout August from 9% just last week. Earlier this week, global advertising agency, WPP,… Continue reading Bollore Pushes Aegis Stake To 13.35%
Havas has distanced itself from chief executive Vincent Bollore’s comments surrounding a possible takeover of media group Aegis, clarifying that the French entrepreneur was speaking in his capacity as chief executive of Groupe Bollore, and not as head of Havas. However, Havas refused to rule out its own approach for Aegis, stating only that Bollore’s… Continue reading Havas Denies Takeover Rumours
ITV’s advertising revenues could dip by almost 5% this year, with forecasts from media agency ZenithOptimedia painting a pessimistic picture for the broadcaster. According to the agency’s latest forecasts ITV stands to lose 4.8% of its revenues year on year, pushing the broadcaster’s total down to £1.59 billion. The downturn is predicted to continue into… Continue reading ITV Revenues Forecast To Drop By 5% In 2005
