Scholz & Friends interested in Springer & Jacoby
The German advertising industry is on the a major takeover.
In the German advertising industry
a major takeover: The agency chain Scholz & Friends is examining the
Acquisition of a majority stake in competitor Springer & Jacoby (S&J).
This is reported by Manager Magazin, Handelsblatt and Netzeitung at
Citing insiders. According to the Netzeitung
"negotiating circles" that exploratory talks were taking place. Whether
negotiations would be opened, a decision would be made on Monday.
become. Specifically, this involves the participation of the US advertising holding company
Interpublic. Although it holds 51 % of the capital, the voting rights are
but for the most part with the company founders Reinhard Springer and
Konstantin Jacoby, who are involved together with 25 % (the rest
own management and employees). According to the Handelsblatt
Scholz & Friends the agency under the traditional brand
continue.
a major takeover: The agency chain Scholz & Friends is examining the
Acquisition of a majority stake in competitor Springer & Jacoby (S&J).
This is reported by Manager Magazin, Handelsblatt and Netzeitung at
Citing insiders. According to the Netzeitung
"negotiating circles" that exploratory talks were taking place. Whether
negotiations would be opened, a decision would be made on Monday.
become. Specifically, this involves the participation of the US advertising holding company
Interpublic. Although it holds 51 % of the capital, the voting rights are
but for the most part with the company founders Reinhard Springer and
Konstantin Jacoby, who are involved together with 25 % (the rest
own management and employees). According to the Handelsblatt
Scholz & Friends the agency under the traditional brand
continue.
