Cheil Acquires Stake in Beattie McGuinness Bungay


NEW YORK (AdAge.com) — Korea's biggest agency network, Cheil Worldwide, bought a 49% stake in London agency Beattie McGuinness Bungay today in a first step toward creating a micro-network that will open in New York next year. The goal for Cheil, Samsung Electronics' Seoul-based in-house ad agency, is to consolidate its role with Samsung as well as start building its own international business apart from its largest client.

No Responses to “Cheil Acquires Stake in Beattie McGuinness Bungay”

Post a Comment