A drop in the value of Saatchi & Saatchi’s agency acquisitions from the 1980s may lead to the company writing off up to £600m on agencies worldwide to cover the loss. If this goes ahead it could mean quite a substantial loss for the year. A US agency, bought for £450m in 1986, is thought to be at the heart of Saatchi’s financial problems.
Media Jobs
Hello. We have downloaded cookies on your device. Some of these cookies are essential for the website to function. Others are non-essential and are used for analytics and advertising.
We need your consent for these types of cookies.
To withdraw your consent or change your cookie choices, please do this through your browser settings.
Otherwise, click OK to accept and continue.AcceptPrivacy policy
