STOP PRESS: Cordiant could sell FD for fraction of the price

TRANSACTION: Cordiant Communications could sell FD International for just £20m - a fraction of the price it paid three years ago - if the rumoured MBO goes ahead. Sources suggest the equity split between the 80-strong MBO team is a critical issue for FD, sold to Lighthouse for close to £40m in August 1999.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in