Market Overview

Dentsu To Buy Aegis For $5B


Japanese Dentsu (OTC: DNTUY) announced its plans to buy marketing group Aegis (OTC: AEGSF) for 3.2 billion pounds ($5 billion).

Dentsu will pay 240 pence for each Aegis share, representing a 48% premium to the stock's closing price on Wednesday.

Posted-In: merger and acquisitionM&A News


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