Cordiant Acknowledges Asset Sales, Looks to Focus on Bates

The countdown to Brandweek is on! Join us, Sept. 12-16, to identify new growth opportunities, solve challenges and connect with power players. View the lineup and secure your pass.

NEW YORK Cordiant Communications Group confirmed Thursday that it is looking to offload non-core assets, including Financial Dynamics International and its 77-percent stake in Scholz & Friends, in order to focus on the Bates Group.

The announcement comes two weeks after the British holding company said it was exploring a sale of majority stake in its Australian operations, including George Patterson Bates.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in