CIA Group’s jump in share price from 1.80 at the beginning of the year to 2.34 has fuelled City speculation that the group is about to be bought. CIA Medianetwork Europe chief operating officer Johan Denenkamp ‘absolutely, categorically’ denies that the company is the subject of a takeover bid.
Manning Gottlieb Media has withdrawn from the 5m RAC media pitch list, which includes Walker Media, BMP Optimum, BBJ and Western. It is understood that Walker Media has been asked to purchase ads for the company around the British Grand Prix as a one-off project.
John Ayling & Associates has been appointed to handle media for International Papers UK launch of Rey & Co – the paper manufacturer. Creative for the 750,000 account has been handed to Mitchell Patterson Grime Mitchell.
Mediacom has won the 1.5m Swedish Match media business in the UK. The agency will plan the media buying for products like Cricket lighters and Swan Vesta matches.
Eastern Counties Newspapers Group’s 53.3m cash offer for Home Counties Newspapers Holdings has been accepted by 61 per cent of Home Counties’ shareholders.
The Radio Authority has ruled that the proposed acquisition of West Sound AM by Scottish Radio Holdings is not against the public interest and has allowed the bid to go through.
The Guardian’s revamped Saturday edition due to launch on April 25 will treat readers to a free CD featuring music from the film The Big Lebowski. On Saturday May 9 an additional magazine called The Editor will be launched containing the best of the world’s news each week.
Desbrow Thompson Chaffe has unveiled a 1m advertising, promotional and point-of-sale campaign for Jersey Royal Potatoes (right).
Ian McComas, executive sales director for Adshel, has been made group marketing director for the More Group. The poster contractor, currently being bid for by rivals JC Decaux and US communications company Clear Channel, is looking for a replacement.
The Times is to sponsor all of Talk Radio’s coverage of World Cup ’98 from May for three months as part of its Under the Skin of Sport campaign.
Future Publishing is launching Redline, a monthly magazine about fast cars on Thursday.
GMTV weather will be sponsored by optical lens company Transitions Optical for 13 weeks from May.