News: JCDecaux lowers issue price
French outdoor advertising group JCDecaux has lowered the issue price of its shares by around 20 percent.
French outdoor advertising group JCDecaux has lowered the issue price of its shares by around 20 percent.News JCDecaux lowers issue price
The price range for the IPO on the Paris stock exchange, which takes place this week, is now 16.5 to 19.5 euros per share. JCDecaux is still aiming for proceeds of around one billion euros. To achieve this, 24 to 27.5 percent of the shares must now be placed with the public instead of the planned 15 to 20 percent.
Cave Anholt Jonason at an endThe London-based creative agency Cave Anholt Jonason is closing its doors just eight months after its founding. In October, Mark Cave (ex-vice president of Lowe Group), Simon Anholt (founder of World Writers) and Joakim Jonason (co-founder of Paradiset DDB, Stockholm) had joined forces. Their vision of a creative hotshop servicing international accounts from a single location fell through due to personal differences. "We split up because the chemistry between us just wasn't right," explained Mark Cave.
JVM for the Borers in BerlinThe advertising agency Jung von Matt/Berlin was brought into the organization team for the 1st August celebration at the Swiss Embassy by Ambassador Thomas Borer. On the national holiday, a big event under the motto "Switzerland Surprise" is to attract the public and exclusive guests to Switzerland. Last year, Ambassador Borer organized such an event for the first time - at that time with the help of Weber Hodel Schmid, Berlin.
Kirch's entry into EM.TV delayed
The Kirch Group's entry into EM.TV is delayed. At the request of the two groups, the German Cartel Office has extended the deadline for examining the deal to the end of September. The antitrust concerns must be resolved by then. The competition watchdogs are making it a condition that EM.TV sell its shares in the Tele-München Group.
The price range for the IPO on the Paris stock exchange, which takes place this week, is now 16.5 to 19.5 euros per share. JCDecaux is still aiming for proceeds of around one billion euros. To achieve this, 24 to 27.5 percent of the shares must now be placed with the public instead of the planned 15 to 20 percent.
Cave Anholt Jonason at an endThe London-based creative agency Cave Anholt Jonason is closing its doors just eight months after its founding. In October, Mark Cave (ex-vice president of Lowe Group), Simon Anholt (founder of World Writers) and Joakim Jonason (co-founder of Paradiset DDB, Stockholm) had joined forces. Their vision of a creative hotshop servicing international accounts from a single location fell through due to personal differences. "We split up because the chemistry between us just wasn't right," explained Mark Cave.
JVM for the Borers in BerlinThe advertising agency Jung von Matt/Berlin was brought into the organization team for the 1st August celebration at the Swiss Embassy by Ambassador Thomas Borer. On the national holiday, a big event under the motto "Switzerland Surprise" is to attract the public and exclusive guests to Switzerland. Last year, Ambassador Borer organized such an event for the first time - at that time with the help of Weber Hodel Schmid, Berlin.
Kirch's entry into EM.TV delayed
The Kirch Group's entry into EM.TV is delayed. At the request of the two groups, the German Cartel Office has extended the deadline for examining the deal to the end of September. The antitrust concerns must be resolved by then. The competition watchdogs are making it a condition that EM.TV sell its shares in the Tele-München Group.
