18th May 2022 16:54
AdvancedAdvT Ltd - London-based acquisition vehicle - Notes Tuesday's rejection by London-based advertising agency M&C Saatchi of AdvancedAdvT's takeover offer. M&C Saatchi called the offer "derisory" and advised shareholders to reject the bid. Under AdvancedAdvT's most recent offer, shareholders in M&C Saatchi will for each share held either receive 2.043 new shares in the London-based acquisition vehicle and 40 pence in cash, or receive 2.530 new AdvancedAdvT shares. Read More