Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

M&C Saatchi buys The Women's Sports Group

(Sharecast News) - M&C Saatchi said on Tuesday that it has bought The Women's Sports Group, a consultancy in women's sports media rights and advisory, for an undisclosed sum.

It said the business delivers services across media rights, broadcast strategy, brand partnerships, production, data and insights, and communications.

Its client roster includes leading federations, clubs, broadcasters, brands, and government bodies, including Barclays Women's Super League, Premiership Women's Rugby, the Billie Jean King Cup, Arsenal FC and DAZN.

M&C Saatchi said WSG has advised on landmark deals such as the FA Women's Super League media rights and SailGP's Women's Pathway programme.

Chief executive Zaid Al-Qassab said: "The acquisition of The Women's Sports Group adds significant expertise in sports rights to our fast-growing sport and entertainment platform and I am delighted to welcome the team to M&C Saatchi.

"The transaction further strengthens our proposition and positions us well to capitalise on one of the most dynamic areas of growth in our industry, whilst our recent global wins demonstrate the strength of our regional-first strategy as we focus on delivering on the improving pipeline momentum in H2."

No financial details were provided but M&C said the deal will be funded by available cash on the balance sheet.

At 1035 BST, the shares were up 1.9% at 143.19p.

Share this article

Related Sharecast Articles

Heathrow to appoint former BT boss Philip Jansen as chairman - report
(Sharecast News) - Heathrow Airport will reportedly this month name Philip Jansen as its next chairman as it presses ahead with plans for a £50bn expansion.
Warren Buffett's Berkshire Hathaway gambles on Alphabet
(Sharecast News) - Shares in Google-parent Alphabet sparked on Monday, after Warren Buffett's Berkshire Hathaway took a stake in the US tech firm.
Peter Thiel unwinds his entire Nvidia stake
(Sharecast News) - Billionaire investor Peter Thiel has liquidated his entire stake in Nvidia, it emerged over the weekend, marking one of the most high-profile exits yet from the world's most valuable chipmaker at a time of mounting scrutiny over artificial-intelligence valuations.
Stelrad flags continued subdued trading
(Sharecast News) - Stelrad Group said in an update on Monday that trading conditions remained subdued in the 10 months ended 31 October, as weak renovation and new-build activity continued to weigh on volumes, although margin management and cost controls helped support profitability.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.