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ANZ M&C Saatchi Plans Management Buyout
x/heather-rabbatts
— Jul 22, 2026
Australia and New Zealand operations of M+C Saatchi are moving to independent, locally led ownership under a management buyout backed by Parc, with completion targeted for 1 October 2026 and operations to continue under existing brands. Leaders Dani Bassil and the ANZ team will steer growth and capabilities, including AI and customer experience, while the London parent simplifies its structure.
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Frasers extends Accent Group bid to September 30
x/australians
— Jul 23, 2026
Frasers Group extended its on-market takeover bid for Accent Group to 30 September 2026, with no changes to the terms and the offer price remaining at A$0.65 per share, despite Accent’s shares trading above the bid. The extension comes as Frasers, already holding about 22.9% of Accent, faces opposition from Accent’s independent board committee, which argues the value is tied to its Sports Direct ANZ relationship and future growth plan.
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