Marketing and publishing company Advanstar Communications has been snapped up by US investment bank...LONDON (Brand Republic) – Marketing and publishing company Advanstar Communications has been snapped up by US investment bank DLJ Merchant Banking Partners for 900m. The deal will allow Advanstar, which has been privately owned by a San Francisco-based equity firm since 1996, to “aggressively” expand ...
US banking giant Goldman Sachs has awarded its 25m brand and global advertising account to Ogilvy...LONDON (Brand Republic) – US banking giant Goldman Sachs has awarded its 25m brand and global advertising account to Ogilvy & Mather, despite the agency not being shortlisted. The shortlisted agencies were D’Arcy Masius Benton & Bowles and Mullen, after Goldman Sachs began shopping for a new agency ...
Japanese bank Nomura has failed to buy Welsh utilities group Hyder after the UK stock exchange...LONDON (Brand Republic) – Japanese bank Nomura has failed to buy Welsh utilities group Hyder after the UK stock exchange takeover panel dismissed its appeal to annul a higher offer made by rival bidder ... “sudden death” bid process implemented to bring the escalating bidding war to a close, was void. The bank ...
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