By Shawn Lim

Bain Capital has announced that it has officially acquired an 87.05% stake in Asatsu-DK (ADK), after a long and protracted battle with ADK’s former holding company, WPP.

The announcement said that Bain and ADK will actively invest in core areas of future business expansion, including digital, data and the content business, which will enable Bain to adapt to the evolving advertising market both in Japan and overseas.

In order to provide its clients with leading solutions, ADK will also adopt an open network model that will allow it to affiliate with the most appropriate partners in each business Read full story ›

Source: The Drum