UK - Nova exits aia
Nova Capital Management has exited its investment in recruitment agency aia in a sale to TMP Worldwide Advertising & Communications in New York.
aia is an employment and recruitment communications agency with clients including John Lewis, Virgin Atlantic and Toyota. The company will not be owned or connected with TMP Holdings Ltd, which is another privately owned advertising company. Financial details on the exit have not been disclosed.
Nova acquired the business in June 2004.
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