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Teneo, which is majority-owed by CVC Capital Partners, is looking for investors to fuel international expansion.
The self-styled “global CEO advisory firm” is working with Guggenheim Partners, according to a report in Sky News.
Teneo will take the spotlight on Nov. 11 with the opening of the United Nations climate conference (COP29) in Baku, Azerbaijan. The confab runs through Nov. 22.
Under a seven-month $4.7M pact with the COP29 Azerbaijan Operations Company that kicked off in May, Teneo provides issues management, press relations, content development services and media training services.
Teneo has been rotating about a dozen staffers in and out of Baku. It will have a half dozen people on the ground at COP29 for the duration of the session.
Geoff Morrell, president of Teneo’s global strategy & communications practice, is a member of the Azerbaijan team that includes staffers in New York, Washington, London, Brussels and Hong Kong. He’s the former executive VP-communications & advocacy for British Petroleum.
Teneo also worked COP28 in Dubai last December.
S&P Global has reaffirmed its negative “BBB” rating on WPP due to ongoing challenges that it will face during the next 12 months.
Stagwell’s Q4 revenues grew two percent to $807M while adjusted EBITDA rose three percent to $129M.
WPP CEO Cindy Rose unveiled “Elevate 28,” a strategic plan to simplify the troubled company, which reported a 5.4 percent drop in 2025 revenues to $13.6B.
Omnicom CEO John Wren reported a Q4 $977.2M operating loss, largely due to the $1.1B in severance and repositioning expenses connected to the $13B Interpublic takeover that closed on Nov. 26.
Publicis Groupe reports an 8.8 percent rise in 2025 net revenues to $16.4B with
