Global PR Summit 2015
The most important event in the global communications world’s calendar.
The key global benchmark of PR agency rankings, industry size and global comms trends.
The most creatively awarded PR campaigns and agencies in the world.
The Holmes Report profiles marketing and communications innovators from across North America and EMEA.
In-depth annual research into the PR industry's efforts to raise creative standards.
Coverage of the Cannes Lions from the Holmes Report in association with H+K Strategies.
Creative work, trends and views from the global public relations industry.
Dedicated to exploring the new frontiers of PR as it dives deeper into social media, content and analytics.
Our coverage of key technology PR trends and challenges around the world.
From brand marketing to conscious consumerism, coverage of key marketing and PR trends worldwide.
Coverage of healthcare PR and marketing.
Financial communications, sector news and mergers and acquisitions.
Coverage of global corporate reputation and communications news and trends.
The world's biggest PR awards programme, dedicated to benchmarking the best PR work from across the globe.
A high-level forum designed for senior practitioners to address the critical issues facing the profession.
Exploring the innovation and disruption that is redefining influence and engagement.
The Holmes Report's annual selections for PR Agencies of the Year, across all of the world's major markets.
Bringing together in-house comms leaders with PR firms to discuss critical global issues.
Chime Communications has revealed that Lord Bell and Piers Pottinger are attempting to buy back the UK’s biggest PR firm.
Arun Sudhaman 31 Jan 2012 // 12:00AM GMT
LONDON--Chime Communications has revealed that Lord Bell and Piers Pottinger are attempting to buy back the UK’s biggest PR firm.
According to a Chime statement released earlier today, Bell, currently group chairman, and Pottinger, have been allowed to pursue the acquisition of “some of the businesses within the public relations division.”
Chime’s public relations division is typically referred to as the Bell Pottinger Group, which was launched in 1998, and reported fee income of £68m in 2010. The unit houses numerous agencies, including Bell Pottinger, Good Relations, Harvard, Fast Track, Pelham Bell Pottinger and Stuart Higgins Communications.
“No proposal has yet been made and there can be no certainty that a proposal which the board can recommend to shareholders will be forthcoming,” continues the statement.
Sources familiar with the situation told the Holmes Report that any deal is likely to include all Bell Pottinger-branded agencies, which include its public affairs, corporate and financial units. The fate of Good Relations, tech firm Harvard and sports marketing specialist Fast Track remain unclear.
The statement follows the revelation of the budding deal by Sky News city editor Mark Kleinman on Twitter this morning.
Sources noted that an approach for Bell Pottinger would be well timed. The agency lost its biggest client - a US government contract in Iraq - last year, and last month saw its reputation tarnished by a sting operation in the Independent.
Chime warned investors in late 2011 that results would not match the impressive returns it has generated in recent years. It also announced a one-off restructuring charge related to the loss of the Iraq PR contract. Chime’s PR division accounted for around half of its income prior to 2011.
The Chime statement notes that the deal is being pursued by Bell, Pottinger and “certain other members of the senior management team.”
The development follows a string of MBOs within the PR industry over the past 18 months. Matthew Freud bought back another of the UK’s biggest firms last year from Publicis Groupe, while in the US MWW and Brodeur have returned to private ownership.
Aarti Shah 02 Jul 2015
Only 40% of the Influence 100 are active on Twitter — and the most active users tend to be men.
Paul Holmes 28 Jun 2015
A question of definitions, a time to stop sounding so defensive, and reasons to really celebrate cre ...
We feel that the views of the reader are as important as the views of the writer. Please contact us at [email protected]Signup For Our Newsletter Media Kits/Editorial Calendar Jobs Postings Sitemap
© The Holmes Report 2014