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Saatchi And Saatchi Takeover K
Saatchi & Saatchi Advertising has merged K Advertising into the company. 6 redundancies were made in the process, but the other 34 account-handlers and creatives have been integrated into Saatchi & Saatchi’s existing groups. K Advertising billed £30.5 million in 1996.
A number of client conflicts will result from the merger. The most significant clashes are Saatchi’s Norwich Union account and K’s Commercial Union account. How this client conflict will be resolved is not known.
Hamish Pringle, chairman of K Advertising has become vice-chairman and marketing director of Saatchi & Saatchi. He has responsibility for marketing the Saatchi and Saatchi brand.
Saatchi & Saatchi Advertising: 0171 636 5060
