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AGS Aegis Grp.

239.80
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aegis Grp. LSE:AGS London Ordinary Share GB00B4JV1B90 ORD 5.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 239.80 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Publicis Groupe Loses General Motors Contract To Aegis Group

24/01/2012 7:53pm

Dow Jones News


Aegis Group (LSE:AGS)
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French advertising group Publicis Groupe SA (PUB.FR) lost its longtime media contract with General Motors (GM) to U.K. media and digital communications group Aegis Group PLC (AGS.LN).

Publicis said Tuesday in a statement that the company "regrets that a long-lasting relationship with GM has ended."

The company added that the contract with its U.S. Starcom unit represents less than 0.5% of its full-year revenue and that the company "will serve GM on other fronts".

Earlier Tuesday, Aegis announced that its Carat unit has been appointed by General Motors Co. (GM) as its global media partner, following a full agency review during the fourth quarter of 2011.

-By Nadya Masidlover, Dow Jones Newswires; +33 1 4017 1740; nadya.masidlover@dowjones.com

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