UK Active Value injects £30m into Cordiant Communications

UK Active Value, the fund manager, is backing a proposal to inject about £30m of new equity into Cordiant Communications.

UK Active Value, the fund manager, is backing a proposal to inject about &£30m of new equity into Cordiant Communications. The plan is being led by Richard Wheatley, the former chief executive of Jazz FM and a veteran of the advertising industry.

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