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Aegis, Taylor Nelson Sofres and the EQ Group have the most vulnerable balance sheets among listed acquisitive marketing services companies, according to a newly published survey.
The survey, from Marketing Services Financial Intelligence, is based on the ratios of debt, and intangible assets such as goodwill, to shareholders' funds.
The research aimed to find out how exposed companies might be to write-downs in the value of acquisitions.
Bob Willott, who published ...