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Cordiant Communications is to sell its Financial Dynamics public relations business to a management buy-out backed by Advent International for £26m. 07-Jul-2003 WPP has agreed to acquire Cordiant Communications for £266m, which will strengthen its position in marketing services, Latin America and Asia. 20-Jun-2003 Cordiant has sold its 77% stake in Scholz & Friends, the German advertising group, to management for £16m. 10-Jun-2003 Cordiant is to raise £25m from the sale of a 70% stake in its Australian marketing communications business to a new corporate entity called The Communications Group Holdings. 30-May-2003 Cordiant Communications, the advertising group, is considering a number of preliminary takeover approaches from possible bidders. 30-Apr-2003 Cordiant Communications is looking to sell its 77% stake in Scholz & Friends, Financial Dynamics International and a majority interest in its Australian business, in order to focus on its core Bates Group advertising and marketing operations. 21-Feb-2003 Cordiant Communications is planning to shed a further 400 jobs in its worldwide advertising business, which will involve the merger of some activities and the closure of others. 04-Dec-2001 Cordiant is planning to cut costs in its advertising and marketing business, prompting speculation that up to 700 jobs could be lost. 14-Aug-2001 Cordiant has acquired Presentation Communications International, the London-based live communications specialist with 60 staff. 30-Jul-2001 Cordiant Communications and Publicis of France have agreed to merge their media buying operations, which include Zenith Media and Publicis's Optimedia. 20-Jul-2001 Cordiant has acquired International Business Information, the Japanese business communications consultancy, for £7.5m. 18-Jul-2001 Cordiant Communications is planning to cut up to 400 jobs due to the decline in the technology sector, which will mostly affect its US advertising agencies. 13-Jun-2001 Cordiant Communications is planning to merge its Scholz & Friends advertising business in Germany with United Visions Entertainment, in order to produce TV programmes that include commercial messages. 04-Jun-2001 Cordiant Communications has acquired Bulletin International, the London-based public relations agency, for up to £8.5m. 04-May-2001 Cordiant is to acquire Gallagher & Kelly, the Irish public relations company, for up to £9.4m. 04-Apr-2001 Cordiant Communications, the advertising group, has said it is open to takeover offers but is not currently in formal merger talks. 09-Mar-2001 Cordiant Communications is to acquire MicroArts, the US e-business consultancy, for £32m, in order to strengthen its interactive capabilities and help service online brands. 02-Jan-2001 Cordiant Communications is to acquire 80% of InterCom Management, the German marketing consultancy, for up to £23m. 27-Nov-2000 Cordiant Communications is acquiring Lighthouse Global Network of the US for £259m, in order to expand its marketing services business. 06-Jul-2000 Cordiant Communications is to acquire Domino White & Partners, the US marketing agency, for up to £20m. 04-Jul-2000 Cordiant Communications is looking to make another major acquisition in the healthcare marketing sector in the next few months, and has also announced plans to launch an e-business consultancy. 09-Mar-2000 Cordiant Communications has acquired Interactive Edge, the New York-based marketing company, for an initial £3.8m. 09-Dec-1999 Cordiant Communications is to acquire Healthworld, the US marketing group, for £113m. 10-Nov-1999 Cordiant Communications is seeking acquisitions in the US and continental Europe, and is particularly interested in direct marketing, data mining and corporate branding. 11-Aug-1999 Cordiant Communications is buying the remaining 25% stake of The Communications Group, the Australian advertising company, for £8m. 28-Sep-1998 Cordiant, the advertising group, has announced plans for a demerger, which will result in two separate companies - Saatchi & Saatchi and Cordiant Communications Group, which will own the Bates agency. 01-Oct-1997
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