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April 27, 2024

Innocean Worldwide takes over US ad company at US$71.7m

PUBLISHED : December 15, 2017 - 08:27

UPDATED : December 15, 2017 - 08:27

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[DISCLOSURE] Innocean Worldwide (214320) announced on Dec. 14 that its wholly-owned subsidiary Innocean Worldwide Holdings has acquired the entire stake in David & Goliath, a US advertising company, at US$71.68 million. 

This amounts to 4.7 percent of its equity capital. 

By Hwang You-mee (glamazon@heraldcorp.com)

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