Arab Today, arab today japan\s dentsu completes 48bn aegis takeover
Last Updated : GMT 16:22:08
Arab Today, arab today
Arab Today, arab today

Japan\'s Dentsu completes $4.8bn Aegis takeover

Arab Today, arab today

Arab Today, arab today Japan\'s Dentsu completes $4.8bn Aegis takeover

Tokyo - AFP

Japanese advertising giant Dentsu said on Wednesday it has completed a 3.16 billion pound ($4.8 billion) takeover of British media group Aegis after regulators approved the deal. Dentsu said Aegis was now a wholly owned subsidiary that would continue operating under its banner, with the combined group having operations in more than 100 countries and employing more than 36,000 people. Last year, Dentsu said it had agreed to buy Aegis in a surprise deal that will create a new global player to compete against the likes of advertising titans Omnicom, Publicis and WPP. The pair had initially hoped to seal the agreement before the end of 2012 but regulatory delays held up the process, with Chinese watchdogs taking longer than expected to issue approval. The acquisition also needed approval from seven other countries, including Britain, the United States, Germany and South Africa. Some observers had speculated the holdup from Chinese regulators was tied to a tense territorial spat between Beijing and Tokyo over an island chain in the East China Sea. Apparent delays from Chinese regulators over other deals involving Japanese firms heightened those suspicions.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s dentsu completes 48bn aegis takeover Arab Today, arab today japan\s dentsu completes 48bn aegis takeover

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s dentsu completes 48bn aegis takeover Arab Today, arab today japan\s dentsu completes 48bn aegis takeover

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday