Dentsu's Aegis takeover to go through by Thursday
The £3.2bn takeover of Carat and Isobar-owner Aegis by Dentsu is expected to go through by Thursday 28 March, after Chinese regulatory authorities confirmed it had passed the deal.
In a statement published today, the Japanese holding company Dentsu and Aegis said clearance from the Ministry of Commerce of the People’s Republic of China had now been received and the relevant conditions have been satisfied.
Last week, Aegis said that subject to court approval at a second court hearing in London today, and the timing of the delivery of the court orders to Companies House, the deal would go through on or before 28 March.
It had been expected that the deal would go through before Christmas 2012, but the Chinese regulatory process has taken longer than was originally envisaged.Follow @MaisieMcCabe
This article was first published on campaignlive.co.uk
- Affiliates Executive - No. 1 Agency! GoodEgg Digital Circa £25k + Exceptional Benefits, Central London
- Digital Display Manager - Leading Agency GoodEgg Digital £Neg + Great Benefits, South East England / London (Central), London (Greater)
- Senior Marketing Director - 9-12 month FTC Comedy Central £competitive, Camden, London (Greater)
- Consumer & Shopper Insight Controller FMCG Tarsh Lazare Marketing Recruitment £60K-£65K + Car Allowance + Bonus, North of London/Herts
- Digital Designer/Developer Major Players £200 - £400 per annum, City of London
- FT to reveal first design overhaul in seven years
- Philips launches campaign for app-controlled lightbulbs
- Sorrell warns of Scotland becoming an 'outlier' and the UK 'diminished' by a Yes vote
- Notonthehighstreet.com launches brand campaign
- Publicis boss Maurice Lévy to step down in 2017 amid board shake-up
- 18 Feet & Rising wins Skoda digital brief