Thursday, 20 December 2012
Deal Alert: Dentsu in talks to buy out digital agency Webchutney
Posted on 19:55 by Unknown
Economic Times
Japanese advertising agency Dentsu is in advanced talks to buy out digital advertising agency and consulting firm Webchutney. Network18, which holds 70.06% stake in the Sidharth Rao-promoted Webchutney Studios, is looking to exit. The deal size is estimated at between Rs.40-60 crore for Network18's stake . Network18 had invested in Webchutney through its investment arms,
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