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TNS Rejects WPP Again After GfK Drops Takeover Bid
By Georgina Prodhan, European Media Correspondent LONDON (Reuters UK) - Market research group Taylor Nelson Sofres TNS again rebuffed a 1.1 billion-pound hostile bid from WPP WPP after preferred suitor GfK dropped its takeover attempt on Wednesday. TNS, which reported strong first-half results and gave a...
Tags: Taylor Nelson Sofres Plc., GfK, WPP, Mergers & Acquisitions, Financial Accounting, Investment, TNS Inc., Wausau Paper Corp.
News items 2008-08-27
GfK Says Drops Plans For TNS Bid
FRANKFURT (Reuters UK) - Germany's GfK Holdings AG GFKG said on Wednesday that it has decided not to bid for market research group Taylor Nelson Sofres TNS. "The terms of the financing available did not enable a sufficiently compelling alternative cash offer to be made for...
Tags: Taylor Nelson Sofres Plc., GfK, Marketing Research, Investment, Financial Accounting, Marketing, TNS Inc., Wausau Paper Corp.
News items 2008-08-26

Additional Resources

German firm GfK pulls out of TNS takeover
GfK, the German market information group, has pulled out of the running to take over Taylor Nelson Sofres TNS, its UK counterpart, leaving Sir Martin Sorrell's WPP Group as the only hostile bid in town. The news of GfK's withdrawal left TNS no warmer towards the advertising...
Articles 2008-08-28
M arket research firm GfK scraps plans for TNS takeover
LONDON AFP — German market research firm GfK said Wednesday that it has ditched plans for a takeover of British peer Taylor Nelson Sofres, which faces a hostile bid from global advertising giant WPP. "The management board of GfK announces that it has terminated all discussions in relation...
Articles 2008-08-27
German economy nearing danger zone, surveys show
FRANKFURT AFP — Germany faces the prospect of a full-blown recession after key surveys on Tuesday showed business and consumer confidence falling away in Europe's economic powerhouse. The economy contracted 0.5 percent in the three months to June and economists, in light of the latest poor data, now...
Articles 2008-08-26
German consumer confidence at five-year low: GfK
FRANKFURT AFP — German consumer confidence is at a five-year low as economic worries and inflation sour the mood of shoppers in Europe's biggest economy, a leading survey showed on Tuesday. A forecast confidence index compiled by the GfK institute fell to 1.5 points for September from a...
Articles 2008-08-25
Leading Market Research Firms Join Forces to Provide First Multi-Continent View of Video Game Software Sales
New Report Provides Comprehensive View of Global Video Games Sales in World's Largest Games Markets NEW YORK & TOKYO & LONDON -- Leading providers of consumer and retail information in the video games industry, The NPD Group, GfK Chart-Track Limited and Enterbrain, Inc., today announced the release of...
Articles 2008-08-21
Financial Darwinism: National Survey Finds Society is Adapting Credit Card Behavior to Meet Current Market Conditions
AUSTIN, Texas -- Call it survival of the financially fittest, or financial Darwinism. Consumers are adapting to a changed economic landscape by cutting back on their credit card spending, attempting to pay down debt and monitoring interest rates, according to a new nationwide poll from CreditCards.com. The findings...
Articles 2008-08-20
Advertising giant to woo TNS shareholders despite downturn
Sir Martin Sorrell, chief executive of WPP, is expected to set out his stall for a takeover of market research group Taylor Nelson Sofres this week, as the advertising giant posts what is forecast to be a slump in interim results when it reports on Friday. City...
Articles 2008-08-17
UK tops the ranks of global pessimists
British consumers are the grumpiest in the Western world, according to economists at BNP Paribas. Reviewing barometers of consumer confidence in Europe and the United States, they conclude that "if there was a competition for the country with the most pessimistic consumers, the UK would be the...
Articles 2008-08-05
German retail sales fall by 1.4 percent in June: Destatis
FRANKFURT AFP — German retail sales fell by 1.4 percent in June from the previous month, provisional figures released on Friday by the national statistics office showed, confirming a slump in household consumption. In May, the volatile indicator had rebounded slightly, but falling consumer confidence suggests that the...
Articles 2008-08-01
Physicians Report MRSA "Superbug" Cases on the Rise, According to Study by GfK Market Measures
Hospitals Taking Steps to Better Identify and Manage Spread of MRSA, but Physicians Say Treatment Options Remain Unfulfilled EAST HANOVER, N.J. -- The prevalence of methicillin-resistant Staphylococcus aureus MRSA, or the so-called "superbug," is on the rise in hospitals and routinely encountered in the emergency room. While tests...
Articles 2008-07-29
Economics Diary
TOMORROW: UK - Bank of England mortgage lending, mortgage approvals, consumer credit. CBI distributive trades survey; US - Case-Shiller house price index, consumer confidence. WEDNESDAY: Eurozone - consumer sentiment, business sentiment; US - ADP employment survey. THURSDAY: UK - Nationwide house price index, GfK...
Articles 2008-07-28
German consumer confidence at five-year low
FRANKFURT AFP — German consumer confidence has hit its lowest level since June 2003, a leading survey showed on Monday, as benefits of increased employment and wages were "demolished" by inflation. The confidence index compiled by the GfK institute fell to 2.1 points from 3.6 points in its...
Articles 2008-07-28
Globalpark(R) Announces Partnership With RelevantView(R) to Ensure Sample Quality
Globalpark, a world-leader in survey softwarefor online market research and human-resource management, announced today atechnology partnership with RelevantView wherein RelevantID™, a platformfor certifying that the data collected by organizations is high-quality,reliable and free of suspect respondents, will be accessible to users ofEFS-Panel and EFS-Survey. As a result of this...
Articles 2008-07-27
Market research group GfK 'may bid' for TNS
LONDON AFP — German market research group Gfk said Wednesday that it was mulling a takeover bid for British peer Taylor Nelson Sofres after the pair ended their plans to merge. Gfk and TNS announced they were scrapping their planned tie-up, in a statement issued Wednesday...
Articles 2008-07-09
Global Consumer Electronics Industry Will Grow to $700 Billion by 2009, CEA/GfK Study Finds
Need for Anywhere Technology Driving 10 Percent Annual Growth ARLINGTON, Va. -- Worldwide revenue for consumer electronics CE will grow nearly ten percent this year, hitting the $700 billion mark by 2009, according to new data from the Consumer Electronics Association CEA[R] and the GfK...
Articles 2008-07-09
The Last Taboo: Americans Will Talk about Sex Before Credit Card Debt
AUSTIN, Texas -- A consumer information poll today reported that Americans are more likely to talk about their weights, ages, religious views and even their health problems, than they are willing to talk about credit card debt. According to the poll, conducted by GfK Roper...
Articles 2008-07-08
Business Digest
UBS says tax credit will offset losses *UBS is likely to break even or record a small loss in the second quarter of the year, the Swiss investment bank said yesterday, but only because a SFr3bn (1.50bn) tax credit will wipe out further...
Articles 2008-07-05
Taylor Nelson Sofres - Update on the Proposed Merger With GfK
LONDON, July 4 /PRNewswire-FirstCall/ -- In the light of the recent 260p per share approach and claims made by WPP, David Lowden, Chief Executive of TNS, gives a short video interview on the proposed merger with GfK. This programming is not for release, publication...
Articles 2008-07-04
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