Company
M&C Saatchi PLC
LON:SAA
M&C Saatchi has evolved and is still evolving far beyond its famous advertising heritage. The company is a worldwide brand powered by the most talented people in the industry and it now operates across a globally diverse, regional network, delivering creative, strategic and data-led services across five global specialisms: Advertising, Consulting, Issues, Passions & PR and Media.
39 stories
M&C Saatchi continues to reject £254mln 'derisory' offer from rival
M&C Saatchi has left the door open to Next Fifteen's 247.2p a share offer
Next Fifteen's bid for M&C Saatchi cleared by regulators
M&C Saatchi said earlier this month that it had adjourned a court hearing related to the takeover proposals until regulatory conditions are satisfied
Investments and investor services
M&C Saatchi takeover not yet a done deal, says broker
Peel Hunt upgraded its recommendation of Next 15 to 'buy' from 'add'
M&C Saatchi shares rise as AdvancedAdvT takes its offer directly to shareholders
Saatchi shareholders are being asked to choose between an all-share offer and a shares plus cash offer. Both offers value each share of M&C Saatchi at 207.5p
M&C Saatchi rejects improved terms from AdvancedAdvT
AdvancedAdvT returned with improved terms but it has been knocked back again
FIVE at FIVE: Shell gas booming, Saatchi takeover conflict, Lloyds remains attractive, and Aston Martin sales in slow lane
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
AdvancedAdvT envisages all-share offer for M&C Saatchi PLC
It looks like the market was hoping that the offer from the investment vehicle of Vin Murria (the deputy chair of Saatchi) would involve some cash element.
M&C Saatchi confirms deputy chair Vin Murria's investment vehicle makes approach
Murria is the deputy chair of the advertising group and has a 12.5% stake in the company while AdvancedAdvT announced yesterday it has built a 9.81% stake
M&C Saatchi sees profit beating expectations
Revenue and operating profit margin are also set to exceed forecasts
Archive
Greencore rises on plans to sell molasses trading businesses as demand begins to recover
A round-up of some of London's major share movers on Tuesday
M&C Saatchi says large number of its offices have re-opened
The group said it launched a strategic review of its business recently with the results to be released after September
M&C Saatchi suspends dividend and scraps guidance as coronavirus causes ‘sharp drop in demand’
The advertising agency said slower uptake of its services meant its performance in March was “substantially weaker” than in January and February
Saatchi lurches lower after FCA launches accounting probe
Four directors, including co-founder Maurice Saatchi, quit earlier this month after the company reneged on its promise to hold an independent investigation into the black hole in its accounts
Archive
Unique Sports close to pulling the trigger on acquisition
A look at some of the day's major movers in the London stock market on Friday
M&C Saatchi says cash collection improved after accounting scandal
An £11.6mln black hole was discovered in the ad agency's accounts last year, with four directors later leaving the board
Archive
Small cap movers: M&C Saatchi suffers board room exodus in wake of accounting blunder
A look back at some of the more interesting stories from the junior market this past week
M&C Saatchi stumbles as co-founder leads board room exodus
Lord Saatchi, an executive director at the advertising firm, quit the company on Tuesday evening alongside three non-executive directors in the wake of an accounting scandal
Archive
Succession games at Morrison Supermarkets fail to impress shareholders
A look at the day's major movers, including Morisson Supermarkets, Cloudcall, and Eurasia Mining
Ad firm M&C Saatchi enjoys record 2018
Net revenue climbed 2% year-on-year, while pre-tax profits soared 16%
Archive
FTSE 100 ends near flat; Prime Minister May says she will resign once Brexit deal passed
Mrs May reportedly told MPs that she will resign before the next phase of the Brexit negotiations.
Archive
Wednesday to bring news from house builders as Bellway reports interims
Big tobacco will also be making an appearance in the form of a trading update from Imperial Brands
M&C Saatchi posts strong increase in profits as finance director serves notice to quit
Jamie Hewitt has been the head bean-counter at M&C Saatchi for almost 15 years
FTSE 100 closes lower at 7,301 as pound eases against US dollar
FTSE 100 closed 9.35 lower at 7,301 and the FTSE 250 added over 49 points at 19,566
Week Ahead: Brexit dilemma for Osborne
Chancellor of the Exchequer George Osborne gives his budget speech on Wednesday