KKR, the equity firm founded by Henry Kravis and George Roberts, is using WPP’s RLM Finsbury in its $1B takeover of The Crosby Group and Acco Material Handling Solutions from Melrose Industries. Continue »
Simcere Pharmaceutical Group, the Nanjing-based generic pharmaceutical maker, is relying on PR counsel and representation in the U.S. and China as it becomes the latest Chinese company to pull out of a U.S. stock listing.
The proposed combination of Omnicom and Publicis is being billed as a merger of equals but the pay packages of OMC CEO John Wren and CFO Randy Weisenburger dwarf the pay given to Maurice Levy of Publicis.Continue »
Media coverage of the "merger of equals" deal cut between Omnicom and Publicis Groupe leads one to think that OMC's John Wren (60) will assume the helm of the world's biggest ad/PR combine, following a 30-month dual CEO run with Maurice Levy (71). One shouldn't bet the farm on that assumption. Continue »
I congratulate Maurice Levy and John Wren, both friends and worthy competitors, on the bold merger of their companies. I have several thoughts on the historic merger of Publicis and Omnicom. Continue »
The Abernathy MacGregor Group is fronting the $4.7B acquisition of iconic American pork company Smithfield Foods by China's Shuanghui International Holdings Ltd., the No. 1 meat processor in China. Continue »