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Publishing Merger for VNU & IDG

VNU Business Media Europe, in the news yesterday linking up with Shanghai Media Group, has now announced an agreement with media and information specialist IDG, to merge the two companies' publishing operations in France. More

VNU Chinese Deal

VNU Business Media Europe has announced a strategic co-operation agreement with the major broadcast and printed media company Shanghai Media Group (SMG). The two will share their expertise in database, marketing info and cross-media development to expand in the business information market in China. More

Whiting Adds MMI Leadership as VNU Restructures

Susan D. Whiting, much in the news of late as President and CEO of Nielsen Media Research, will combine this role with heading up VNU's Media Measurement & Information (MMI) group, as of April 4 when Mike Connors departs. More

VNU Forecasts Good Despite European Delays

VNU has issued a trading update indicating that 2004 case earnings per share (CEPS) should be at the top end of its 7-9% forecast (constant currencies), due to 'positive developments during the second half year'. The upturn comes despite delays in moving data production systems to a new European 'data factory'. More

VNU Claims Antitrust Milestone

VNU is claiming an important win for its ACNielsen business unit in the antitrust lawsuit filed by Information Resources, Inc. (IRI) in 1996. The case continues but VNU described the suit as 'seriously impaired' by the judgement. More

VNU Completes Directories Sale

VNU has announced the completion of the sale of its World Directories group to World Directories Acquisition Corp., a legal entity owned by funds advised by Apex Partners Worldwide LLP and Cinven Limited, for EUR 2,075 million. More

VNU Credit Agreement

VNU, owner of AC Nielsen and others, has announced an agreement with a syndicate of Banks for a EUR 1,000 million revolving credit facility, intended 'for general corporate purposes, including working capital and acquisition financing'. Rumours about possible acquisition targets are already rife following the sale of the World Directories group a month ago. More

VNU First Half Results

VNU, parent of ACNielsen, has reported results for the first half of 2004. Reported revenues are down 5% versus the first half of 2003 but revenues at constant currency are up 2%, while cash earnings show a healthy increase. The Marketing Information and Media Measurement & Information groups show strong organic revenue growth of 8 and 7% respectively. More

New HR Leader for VNU

VNU, parent of AC Nielsen, has appointed Greg Anderson to the position of global Senior Vice President Human Resources - a new position - with effect from August 2. Anderson will be headquartered in New York and report directly to Chairman and CEO Rob van den Bergh. More

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