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IAG beats Virgin to BMI

British Airways owner IAG has won out against Virgin Atlantic and has agreed to buy BMI from Lufthansa for £172.5m and could now sell off the airline's regional and low cost off-shoot brands.

Microsoft sells Ciao to LeGuide.com

Microsoft has sold its online shopping portal Ciao to LeGuide.com, the pan-European publisher of digital shopping guides, for an undisclosed sum.

Levy's Weborama launches JV with Hi-Media

The UK operation of Paris-based ad tech and data specialist Weborama has entered in a joint venture with online network and payments company Hi-Media.

Ketchum Pleon merges with DDB Financial in Paris

Ketchum Pleon Paris has merged with fellow Omnicom Group agency DDB Financial to beef up the agency's global financial comms offering.

Premier Foods sells off ready meals arm for £30m

Premier Foods has finally managed to offload its loss-making ready meal arm, Brookes Avana, which it has sold to private-label manufacturer 2 Sisters Food group for £30m.

Hooper Galton to merge with VCCP

VCCP Partnership is acquiring the integrated agency Hooper Galton for an undisclosed sum, and is merging the company into its main agency.

Publicis acquires Chinese digital agency Gomye

Publicis Groupe is bolstering its digital offering in China by buying Gomye, a full-service digital agency with offices in Beijing, Chengdu and Chongqing, for an undisclosed sum.

eBay moves to offer automated product recommendations

EBay has acquired recommendations start-up Hunch for a reported sum of $80m (£51m).

Mike Cornwell departs MRM after Meteorite merger

Mike Cornwell, the chief executive of MRM London, has left the agency following MRM Worldgroup's acquisition of the direct marketing shop Meteorite.

WPP increases investment in China's digital industry

WPP has invested further in Chinese in-game advertising company InGameAd (IGA) for an undisclosed sum.

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