Difference between revisions of "Lopex"

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:Lopex P.L.C., a marketing services agency in London, has agreed to be sold to [[Havas]] Advertising in Paris for $105 million in cash. Lopex owns agencies that specialize in services like advertising, direct marketing, research, public relations and design.
 
:Lopex P.L.C., a marketing services agency in London, has agreed to be sold to [[Havas]] Advertising in Paris for $105 million in cash. Lopex owns agencies that specialize in services like advertising, direct marketing, research, public relations and design.
  
 
:The Havas offer for Lopex beat an all-stock offer from the [[Incepta]] Group in London, which owns 29.9 percent of Lopex along with a company called [[Southwind]] Ltd. Havas, which owns agencies like [[Euro RSCG Worldwide]], is paying about $1.88 for each share of Lopex, 54 percent more than the closing price on July 1, the day before the offer from Incepta. As of Friday, Havas had bought 50.1 percent of the shares.  
 
:The Havas offer for Lopex beat an all-stock offer from the [[Incepta]] Group in London, which owns 29.9 percent of Lopex along with a company called [[Southwind]] Ltd. Havas, which owns agencies like [[Euro RSCG Worldwide]], is paying about $1.88 for each share of Lopex, 54 percent more than the closing price on July 1, the day before the offer from Incepta. As of Friday, Havas had bought 50.1 percent of the shares.  
  
#[http://www.lakecapital.com/072099.shtml Marketing Services Are Gobbled Up in Agency Consolidation]
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==History==
The New York Times, July 20, 1999, by Stuart Elliott.
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*acquired [[Grayling]] in 1988.
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*sold to [[Havas]] in 1999
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==Notes==
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#[http://www.lakecapital.com/072099.shtml Marketing Services Are Gobbled Up in Agency Consolidation] The New York Times, July 20, 1999, by Stuart Elliott.

Latest revision as of 11:12, 22 January 2007

Lopex P.L.C., a marketing services agency in London, has agreed to be sold to Havas Advertising in Paris for $105 million in cash. Lopex owns agencies that specialize in services like advertising, direct marketing, research, public relations and design.
The Havas offer for Lopex beat an all-stock offer from the Incepta Group in London, which owns 29.9 percent of Lopex along with a company called Southwind Ltd. Havas, which owns agencies like Euro RSCG Worldwide, is paying about $1.88 for each share of Lopex, 54 percent more than the closing price on July 1, the day before the offer from Incepta. As of Friday, Havas had bought 50.1 percent of the shares.

History

Notes

  1. Marketing Services Are Gobbled Up in Agency Consolidation The New York Times, July 20, 1999, by Stuart Elliott.