STOP PRESS: Takeover talks not confirmed by Havas

TAKEOVER: Advertising group Havas - which owns PR firms Euro RSCG, Grayling Group, Hudson Sandler and part of the Maitland Consultancy - has issued a rebuttal to speculation that it is holding takeover discussions with Financial Dynamics parent Cordiant Communications. It was reported at the weekend that £690m had been offered for Cordiant, but a statement from Havas this week insisted it is 'not currently in talks with Cordiant.'

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