Grey Global acquisition bids are expected to be submitted by early September. Private equity specialist Blackstones is thought to have dropped out of the running. WPP Group is seen as the front-runner to buy Grey, although private equity group Hellman & Friedman is still believed to be active. A price of under $1bn (&£550m) is being touted.
As the world adapts to new ways of working, Unilever boss Alan Jope says leaders today must learn to master their “inner game” before they can focus on driving business performance.
With more than 5,000 complaints, Tesco’s Christmas ad is the most complained about of the year, but the Advertising Standards Authority has ruled it is not “irresponsible” so will not be taking further action.
The online fitness giant’s first permanent store will dedicate less space to selling clothing apparel and more to customer experiences, as it builds out an “ecosystem of touchpoints”.
Kevin the Carrot and Ebanana Scrooge have driven Aldi to the top of the Christmas rankings this year, as the supermarket continues its effectiveness streak.