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Announced

Completed

Vivendi-backed Havas completed the acquisition of a majority stake in Tinkle.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Spain

Completed

Majority

Media Agencies

communications agency

Cross Border

Acquisition

Portugal

Private

Single Bidder

Friendly

Synopsis

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Vivendi-backed Havas Group, a media agency, completed the acquisition of a majority stake in Tinkle, a PR and communication agency. FInancial terms were not disclosed. “Tinkle’s entrepreneurial spirit, drive for excellence and commitment to people and the environment make them a natural fit within Havas. The addition of Tinkle to our /amo network reinforces our ability to develop best-in-class strategic advice for our clients in Spain, Portugal and beyond. A very warm welcome to Javier Curtichs and the team!" Yannick Bolloré, Havas Group Chairman and CEO.

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