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Evening Standard
Evening Standard
Henry Saker-Clark

M&C Saatchi predicts hit to sports and entertainment arms from Iran conflict

Advertising group M&C Saatchi has rejected a £50 million approach for its Performance division from Rupert Murdoch-backed digital marketing agency Brave Bison (Alamy/PA) -

Advertising firm M&C Saatchi has warned that the conflict in the Middle East is likely to “significantly impact” its sport and entertainment operations.

The London firm, founded by brothers Maurice and Charles Saatchi, saw shares edge lower in early trading, with shares sitting close to a five-year low.

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