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Porta moves to acquire Threadneedle
International communications and marketing business Porta Communications has taken the first steps towards acquiring Threadneedle Communications, signing a contract to buy 80 per cent of the issued share capital of Threadneedle for £3.8m. Porta, previously known as sports advisory agency TSE, has said that it plans to build upon the quality of the agency, which will become Newgate Threadneedle.