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Dentsu Acquires Aegis Group For GBP 3.16 Billion

Japanese advertising major, Dentsu, has agreed to acquire London headquartered, media buying house, Aegis Group, for approximately GBP 3.16 billion ($4.89 billion approx), as part of a cash deal, making it a wholly owned subsidiary. What The Combined Entity Does The combination of Dentsu and Aegis will include at least 71 out of the top 100 marketers as clients on a combined basis, according to the company. Through this acquisition, Dentsu also gets Aegis' digital marketing business Isobar, and agency iProspect, an online solutions business with a focus on search engine marketing. Dentsu has its presence in Japan and across Asia, while Aegis is in Europe and the US, and is increasing its footprint across emerging markets in Asia barring Japan. Thus, the combined entity have presence across Japan, Europe, Asia Pacific and the Americas. The Deal Dentsu has purchased approximately 15 per cent, and has entered into a…

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