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News Breaks
July 3, 2014
11:24 EDTTEF, PUBGY, WPPGYPublicis awarded global tender by Telefonica
Telefonica (TEF) announced it has awarded the global tender for a media agency to Publicis Group (PUBGY) for the next five years, after a process of analysis and evaluation over the last five months, in which the 16 countries that Telefonica Group will apply the contract to all took part. Telefonica noted that it called six global agencies, four of which took part in the tender, including Publicis, Dentsu, Havas, and WPP (WPPGY). Publicis Group, which already collaborates in the United Kingdom, Germany and countries in Latin America, obtained the maximum number of points, and from next year will thus be the Global Agency to channel Telefonica’s investment in the media. Up to January 1, when the contract with Publicis comes into force, Telefonica said it will keep on working with Arena of Grupo Havas and MindShare of Grupo WPP in Spain and Argentina, respectively.
News For PUBGY;TEF;WPPGY From The Last 14 Days
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February 25, 2015
06:18 EDTTEFTelefonica says 'embarking on period of growth,' WSJ reports
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February 19, 2015
08:30 EDTTEFBrazil regulators reach prelim deal on Telefonica, Vivendi merger, Reuters says
Brazil's antitrust regulator has reached a preliminary merger deal with Telefonica (TEF) and Vivendi (VIVHY) that sees the companies agreeing to "adopt measures to effectively assure supply, quality and competitive prices for fixed-line telephone, broadband internet and pay-TV markets," reports Reuters, citing an official gazette. The antitrust board must now also accept the agreement before the merger can take place. Reference Link
February 18, 2015
08:21 EDTTEFBofa European telecom equipment analysts hold analyst/industry conference call
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February 16, 2015
12:41 EDTPUBGYPublicis, Relaxnews announce the start of exclusive negotiations
Publicis Groupe and Relaxnews announced the start of exclusive negotiations in view of the acquisition of Relaxnews for a consideration of approximately 15M euro, corresponding to a price of 9.58 euro per share.This acquisition would be perfectly consistent with Publicis Groupe's strategy of becoming the undisputed leader in digital, marketing, communications and business transformation. The content / technology mix of the platforms is innately one of the main levers in this transformation.Under the terms of the offer made by Publicis Groupe to the main shareholders of Relaxnews, it is proposed that a company be set up Financière Relaxnews, which would be wholly-owned by Publicis Groupe, and that Publicis Groupe would purchase from co-founders Jérôme and Pierre Doncieux, Habert Dassault Finances, Sigma Gestion and other shareholders, a block of shares in Relaxnews representing at least 65% of the company's share capital. The transaction would be at a price of 9.58 euro per share, thus valuing Relaxnews at approximately 15 million euro. This valuation represents a premium of 63% to the closing price on February 16. As Publicis Groupe has expressed the wish that Jérôme and Pierre Doncieux and Habert Dassault reinvest alongside the Groupe, the latter would contribute separately to Financière Relaxnews a block of shares in Relaxnews representing at least 30% of the company's share capital enabling them to hold approximately 26% of the share capital of Financière Relaxnews.

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