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GGT Buys French Agency

GGT Buys French Agency

GGT, the former Gold Greenlees Trott, has bought French agency BDDP for Ffr836 million (£105m).

GGT is to issue £55 million new shares, of which around £35m will go to BDDP shareholders. BDDP is the third largest advertising agency in France and the fifteenth largest in the United States.

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