Teneo secures £77m loan for first dividend payout October 13, 2024 Public relations firm Teneo is borrowing up to $100m (£76.5m) to pay its private equity owner and staff their first dividend. The company, which has City-based UK offices, approached lenders for the financing last week that is earmarked to fund dividend payouts, according to analysts at research firm Creditsights. However, sources close to Teneo said [...]
PR takeovers are all the rage as private equity piles in July 3, 2024 Jess Jones takes a look at why M&A activity in the PR sector is on the rise, and asks whether it will continue
US lobby group acquires London’s Pagefield in £30m deal June 7, 2024 London-listed Public Policy Holding Company, has expanded into the City after acquiring cross-party public affairs advisory business Pagefield
Alastair Campbell’s PR agency holds back bonuses after Qatar’s late payment May 13, 2024 A top London PR agency that counts Alastair Campbell as a senior consultant was forced to delay its staff bonuses after the Qatari government was late paying millions of pounds of fees.