Freud 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.
Business leaders will face challenges in the upcoming year, some of which will come as a complete surprise, or beyond anyone's imagination.
Teneo has hired Philipp Grontzki, who is a 20-year veteran of corporate communications and financial journalism, as a managing director in its strategy and communications group.
Rowan Benecke, who co-founded Zeno Group and helmed Burson-Marsteller's tech practice, has joined McKinsey & Co as director of communications for North America.
BCW has named Golin's Matt Coldagelli EVP and leader of its corporate affairs practice in Chicago.
Abby Bailey, who headed corporate communications for Fedex in its Middle East, India and Africa region, has joined Teneo as managing director in Dubai.
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