Weil, Gotshal & Manges and DLA Piper have assisted Japan’s global advertising and marketing firm, Dentsu Group, in finalising its purchase of UK-based global content production group, Tag Worldwide Holdings Ltd. (Tag) from global private equity firm, Advent International. Though the specifics of the transaction remain undisclosed, it is valued at approximately $678 million according to the Guardian.
This acquisition is the latest in an emerging pattern of Japanese businesses targeting the midsized deal market in the UK and Europe. For further details on this transaction, check the full article.