Cordiant acquisition enhances its profile on global ad scene

Article Abstract:

Cordiant Communications PLC announced it would acquire Chicago-based Lighthouse Global Network Inc. for GBP258.4 million (Euro411.2 million) in shares, in an agreement that creates the 10th-biggest advertising group in the world, and strengthens Cordiant's U.S. clout.

Agency Planning/Goals, Lighthouse Global Network Inc.

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Cordiant stake raised to 28.75%

Article Abstract:

Active Value Advisers Ltd. has increased share in Cordiant Communications Group PLC. Active Value raised its share to 28.75%, moving it closer to the level that would launch a takeover bid.

Agencies, Company acquisition/merger, Active Value Advisors

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Cordiant Communications buys Healthworld of U.S

Article Abstract:

Cordiant Communications Group PLC has acquired Healthworld Corp. for 113 million pounds (176.2 million euros). The move increases Cordiant's presence in the health-care consulting and marketing industries.

author: Goldsmith, Charles
Healthworld Corp.

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subjects list: United Kingdom, United States, Mergers, acquisitions and divestments, Advertising agencies, Cordiant Communications Group PLC
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