Aegis acquisition date moved to March
The long stop date for public relations company Dentsu's acquisition of digital communications group Aegis has been extended from February 28th to March 28th.
The long stop date for public relations company Dentsu's acquisition of digital communications group Aegis has been extended from February 28th to March 28th.
An update issued by Aegis on Monday stated that all antitrust clearances has been identified with the exception of clearance from the Ministry of Commerce of the People's Republic of China.
It stated: "In light of the Chinese New Year holiday and with a view to allowing MOFCOM [Ministry of Commerce of the People's Republic of China] to complete its review period in the ordinary course, Dentsu and Aegis have agreed, with the consent of the panel, to extend the long stop date for the acquisition."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
MF
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Revolut launches its first stocks and shares ISA with BlackRock and Vanguard ETFs
A year after getting its UK banking licence, Revolut is now launching its first stocks and shares ISA with a suite of exchange-traded funds (ETFs) from BlackRock and Vanguard.
-
What does Trump’s ‘Big Beautiful Bill’ mean for the US economy?
Donald Trump’s budget bill will slash taxes, but is expected to add at least $3 trillion to US national debt