Publicis Acquires 20 Per Cent Stake in Matomy
Publicis Groupe has acquired 20 per cent of Israel-based ad network Matomy, with an option to increase its stake in the company to 24.9 per cent. The deal sees Publicis buying 17.9m of Matomy’s shares for approximately £40.9m, and comes shortly after rival WPP bought a 15 per cent stake in AppNexus. The investment aims [...]