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M&C Saatchi (SAA) Share News

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IN BRIEF: M&C Saatchi rejects AdvancedAdvT offer again before deadline

26th Sep 2022 15:33

M&C Saatchi PLC - London-based advertising agency - Board continues to unanimously reject takeover offer from AdvancedAdvT Ltd, as Friday deadline for acceptances looms. AdvancedAdvT is M&C Saatchi's largest shareholder, and it is chaired by Vin Murria, a former member of M&C Saatchi's board. Under AdvancedAdvT's offer, shareholders in M&C Saatchi would receive 2.043 new shares in AdvancedAdvT and 40p in cash, or receive 2.530 new AdvancedAdvT shares. Read More

AdvancedAdvT urges M&C Saatchi shareholders to accept final offer

15th Sep 2022 15:10

(Alliance News) - AdvancedAdvT Ltd on Thursday urged shareholders in M&C Saatchi PLC to accept the final offer made in an acquisition attempt as it issued an update on acceptance levels. Read More

IN BRIEF: M&C Saatchi rejects "derisory" AdvancedAdvt takeover offer

13th Sep 2022 14:01

M&C Saatchi PLC - London-based advertising agency - Unanimously recommends that M&C Saatchi shareholders reject an offer by AdvancedAdvt Ltd by taking no action in relation to it. Explains that the company has a strong standalone future with record results for 2021, and strong results for the first half of 2022. Further, it believes that the original offer price is to low and fails to reflect its growth and opportunities. Adds that the offer has a high risk of damaging its culture, triggering a talent exodus, and could potentially lead to revenue loss and value destruction. Read More

AdvancedAdvT ups ante in bid to take control of unwavering M&C Saatchi

8th Sep 2022 19:15

(Alliance News) - Advertising agency M&C Saatchi PLC on Thursday once again called on its shareholders to reject a takeover bid by AdvancedAdvT Ltd, after the latter moved to expedite proceedings. Read More

CORRECT: M&C Saatchi interim profit plummets on increasing costs

7th Sep 2022 14:43

(Correcting net revenue for the first half of 2021.) Read More

M&C Saatchi interim profit plummets on increasing costs

7th Sep 2022 11:10

(Alliance News) - M&C Saatchi PLC on Wednesday posted a diminished profit for the first half of 2022 despite growing revenue as rising expenses and transaction costs hit. Read More

AIM WINNERS & LOSERS: GB Group shares soar on possible takeover offer

7th Sep 2022 10:41

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More

IN BRIEF: M&C Saatchi adjourns meetings as takeover battle continues

19th Aug 2022 14:30

M&C Saatchi PLC - London-based advertising agency - Adjourns meetings which were due to be held on Friday. Read More

UPDATE: M&C Saatchi nears two final hostile takeover attempts

15th Aug 2022 14:36

(Alliance News) - M&C Saatchi PLC on Monday found itself one step closer to two hostile final takeover attempts, to which it has yet to respond. Read More

Next Fifteen wins UK and Australia approval for M&C Saatchi takeover

15th Aug 2022 09:42

(Alliance News) - Next Fifteen Communications PLC on Monday said its acquisition of advertising agency M&C Saatchi PLC has received two key regulatory approvals. Read More

LONDON MARKET PRE-OPEN: Phoenix in record half-year cash generation

15th Aug 2022 07:47

(Alliance News) - Stock prices in London are seen opening higher on Monday, though equities in China were showing signs of late weakness after poorer than expected retail sales data from the world's second-largest economy. Read More

TRADING UPDATES: Virgin Wines loses fizz; M&C revenue improves

28th Jul 2022 20:54

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: M&C Saatchi expects to deliver on annual profit

30th Jun 2022 17:31

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

23rd Jun 2022 16:02

Read More

LONDON MARKET MIDDAY: Small respite for stocks at end of rocky week

17th Jun 2022 12:16

(Alliance News) - London's stock market rebound grew more confident on Friday as traders tried to get past the week's worry over rising interest rates and slowing economic growth. Read More

UPDATE: Next Fifteen urges M&C Saatchi shareholders to back takeover

17th Jun 2022 11:45

(Alliance News) - Next Fifteen Communications Group PLC on Friday asked M&C Saatchi PLC shareholders to back its takeover offer for the London-based advertising agency, after M&C Saatchi directors switched to rejecting the deal from previously recommending it. Read More

AIM WINNERS & LOSERS: M&C Saatchi pulls Next Fifteen deal support

17th Jun 2022 10:46

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More

LONDON MARKET OPEN: Weak bounce as investors weigh central bank moves

17th Jun 2022 08:53

(Alliance News) - The FTSE 100 appeared wobbly on Friday morning as it attempted a rebound, with investors still digesting the week's central bank moves. Read More

TOP NEWS: M&C Saatchi board removes support for Next Fifteen takeover

17th Jun 2022 08:40

(Alliance News) - M&C Saatchi PLC on Friday said its directors have withdrawn support for the takeover offer by Next Fifteen Communications Group PLC, while still not supporting a rival offer by AdvancedAdvT Ltd. Read More

LONDON BRIEFING: M&C Saatchi caught between two unattractive offers

17th Jun 2022 08:23

(Alliance News) - The battle over M&C Saatchi took a strange new twist on Friday, as the London-based advertising agency rejected both of its suitors but also said it may not be able to deliver on its own plans as a standalone company. Read More

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