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No change at Grey after sale.(Grey Australia)(Brief Article)
Australasian Business Intelligence, March, 2005 by Burbury, Rochelle
Mar 20, 2005 (The Australian Financial Review - ABIX via COMTEX)
In Australia, Grey Advertising may not notice initial differences in operation under British ownership. Great Britain-based WPP Group has paid $US1.75bn ($A2.2bn) for Grey Global Group. Until the acquisition, Grey was the last remaining independent international advertising agency in Australia. It now joins Ogilvy & Mather, JWT and Sudler & Hennessey as a subsidiary of WPP. WPP Australia chairman Geoff Wild says it will be a matter of "business as usual" in the Australian operation.
Publication Date: 21 March 2005
GREY ADVERTISING (NSW) PTY LTD:
GREY ADVERTISING (VIC) PTY LTD:
WPP GROUP PLC:
GREY GLOBAL GROUP INCORPORATED:
OGILVY AND MATHER HOLDINGS PTY...
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