Publicis To Buy US-Based Sapient For $3.7B


(Reuters) – Publicis, the world’s third-largest advertising holding company, has agreed to buy digital ad specialist Sapient for $3.7 billion in cash as it seeks to accelerate growth after a botched merger earlier this year. Publicis said on Monday that the deal values U.S.-based Sapient at $25.00 per share, which represented a 44 percent premium to…

Publicis To Buy US-Based Sapient For $3.7B

Gates Capital Management Reduces Risk After Rare Down Year [Exclusive]

Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More

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