LONDON, Jan 6 (Reuters) - British advertising group M&C
Saatchi said on Thursday it had received a preliminary
approach from Vin Murria, a director of the company, which could
lead to a takeover offer.
It said no proposal or terms had been received but the board
had been told to expect one. Businesswoman Murria is both a
director of the company and the executive chairperson of
AdvancedAdvT Limited.
"The board confirms that the new strategy announced in Q1
2021 is already delivering, with the company's performance
consistently exceeding expectations, demonstrated by a
succession of positive trading upgrades," the group said in a
statement.
(Reporting by Kate Holton; Editing by Alistair Smout)