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Tuesday, June 06, 2006

Publicis buys majority stake in Turkish companies | Reuters.com

"Publicis buys majority stake in Turkish companies
Tue Jun 6, 2006 2:39am ET171

PARIS, June 6 (Reuters) - Publicis (PUBP.PA: Quote, Profile, Research) has acquired a majority stake in several Turkish advertising and communications companies to expand its presence in the fast-growing market, the French advertising group said on Tuesday.

Publicis said it had taken a majority stake in advertising group Yorum, media buying and planning company Allmedia, Bold, a direct communications company, and Zone, a consultancy, but did not give financial details for the deal."

More:Publicis buys majority stake in Turkish companies | Reuters.com