Publicis confirms talks with M&C Saatchi over Walker Media

Publicis Groupe has issued a statement today confirming that it is in discussions with M&C Saatchi about buying “significant” parts of its Walker Media business.

Although no certainty has been given that any agreement will be reached, the French communications group said a further announcement will be made “in due course.”

Publicis Groupe is one of the world’s largest communications groups, employing 60,000 people in more than 100 countries. Walker Media has a range of high profile clients, including Boots, Fox and Marks & Spencer.