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Cordiant

Cordiant Communications yesterday sold 77.3% of its German ad business Scholz Friends, raising £15.8m towards its mounting debt problem. The stake was bought by a management-led consortium, backed by Electra European Fund. The sale marks the second step in Cordiant's disposal ...

Media by Design nets Cyprus deal

activity. All creative work will be provided by CTO's advertising agency, Scholz Friends, London. ...

Stop Press

this week, divesting German business Scholz Friends to venture capitalist Electra for £15m. WPP is tipped ...

Tales from the city

services business and the 77% stake in the German agency Scholz Friends. Cerberus would get ...

News in Brief

is the subject of a management buyout bid. Managers of Scholz Friends, Germany's largest advertising group ...

 

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Welcome to the first incarnation of a new element in Campaign in which we invite experts to burrow beneath the surface of the catch-all that is "digital". Google, Isobar Mobile, JWT London, LBI and MBA share their insights on mobile.