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DENTSU INC acquires majority stake in Oddfellows Holdings

Wednesday, 8 Jan 2014 09:00pm EST 

DENTSU INC:Says its global business unit, the Dentsu Aegis Network, reached an agreement with the principal shareholders of Australian advertising company group Oddfellows Holdings Pty Ltd.Says to acquire a 51 pct stake in Oddfellows Holdings Pty Ltd.Says under the terms of the agreement, Oddfellows Holdings will become a wholly owned subsidiary by the end of 2017. 

Company Quote

-110.0 -1.86%
10:30pm EDT