The Saatchi & Saatchi £73m rights issue has had a 92% take-up. The money raised will be used in a variety of ways. £36.5m will go towards reducing bank debt, £19m will buy minority stakes in European advertising subsidiaries, £10.5m will be used to strengthen media buying and £7m will be used for new technology.
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.
