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M&C Saatchi Confirms It Is In Talks With Publicis Groupe For Walker Media Sale

21st Nov 2013 08:21

LONDON (Alliance News) - M&C Saatchi PLC confirmed Thursday that it is in talks with Publicis Groupe about the potential sale of a "significant part" of its UK-based media-buying agency Walker Media.

However, the advertising and marketing company cautioned that there was no certainty an agreement will be reached. Publicis Groupe is a French advertising and public relations company.

Shares in M&C Saatchi were trading up 18.50 pence, or 5.7%, at 342.00 pence early Thursday.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright © 2013 Alliance News Limited. All Rights Reserved.


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