The Week: City News - Cello buys into cchm:ping

The marketing services group Cello has purchased a 76 per cent stake in cchm:ping, a financial services agency, for an initial sum of around £950,000. Cello retains the rights to buy the remaining 24 per cent in two chunks in 2008 and 2011, with the price dependent on the agency's financial performance up to a maximum total of £5.3 million.

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1 Job description: Digital marketing executive

Digital marketing executives oversee the online marketing strategy for their organisation. They plan and execute digital (including email) marketing campaigns and design, maintain and supply content for the organisation's website(s).