Woolies seeks trading halt
Woolworths has this morning requested an immediate trading halt be granted by the ASX, in relation to “developments” concerning its home improvement joint venture businesses. In January AdNews reported how Woolworths was planning to exit its failing Masters Home Improvement business as well as Home Timber and Hardware, through a prospective sale or wind-up process. In June Metcash, owner of IGA, secured Australian Competition and Consumer Commission (ACCC) approval for its proposed acquisition of Woolworths-owned Home Timber and Hardware Group.
Phil Nobay pushes on - to Ogilvy
Phil Nobay, who was most recently creative director of digital agency Publicis Pusher, has joined Ogilvy Brisbane as executive creative director, and part of its leadership team. Nobay, who is the brother of Marcel CEO David Nobay, has also held senior roles at Clemenger BBDO, EuroRSCG and McCann-Erickson, TBWA\GGT, Wunderman Y&R and Grey in London. Nobay replaces Jonathan Drapes who left the agency, which is part of WPP AUNZ, to pursue personal projects.
The New York Times tipped to come Down Under
The New York Times is planning on expanding to Canada and Australia as part of the paper’s three-year $50 million to grow its readership outside the United States, Politico reports. Earlier this year, The Times announced an international growth initiative, NYT Global, which reflects an effort to increase the size of its paid digital audience. While the move Down Under has been speculated, The Times is yet to confirm.
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