Aegis to buy Chinese firm Catch Stone

Aegis Group, the FTSE 250 media and digital communications group, as signed a definitive agreement to acquire Beijing Catch Stone Advertising and the business of Shanghai Catch Stone Culture Media, an established full service digital media and marketing agency in China.

Aegis Group, the FTSE 250 media and digital communications group, as signed a definitive agreement to acquire Beijing Catch Stone Advertising and the business of Shanghai Catch Stone Culture Media, an established full service digital media and marketing agency in China.

The purchase of the two, known collectiely as Catch Stone, is being made for an initial consideration of RMB 550m (£55.2m).

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