freudFreud Communications founder Matthew Freud has acquired a three percent stake in UK-based Huntsworth for $6M.

The Guardian reports that Freud, who is married to Rupert Murdoch's daughter, Elizabeth, has a track record in purchasing companies that he deems undervalued.

Huntsworth CEO Peter Chadlington, 72, has said first-half results will be below expectations when the numbers are released this month.

He projects a rebound during the second-half.

China's Blue Focus owns 20 percent of Huntsworth, which is parent of Grayling, Citigate, Huntsworth Health and Red.