WPP Group buys majority stake in French digital media agency
http://www.schoollibraryjournal.com/article/CA6574 [2008-7-2]
Tag : Digital Mate
WPP Group Plc. said its wholly-owned operating company Wunderman has agreed to buy a majority stake in the issued share capital of French digital media agency Kassius SA.
No financial details of the deal were disclosed.
Kassius' revenues as at Sept. 30, 2007 were 5.3 million euros with gross assets of 2.8 million euros, the company said.
WPP Group Plc. said its wholly-owned operating company Wunderman has agreed to buy a majority stake in the issued share capital of French digital media agency Kassius SA.
No financial details of the deal were disclosed.
Kassius' revenues as at Sept. 30, 2007 were 5.3 million euros with gross assets of 2.8 million euros, the company said.
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