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Announced

Stagwell to acquire Consulum.

Synopsis

Stagwell, a full-service marketing and communications group, agreed to acquire Consulum, a pan-MENA government advisory consultancy. "Our acquisition of Consulum marks a significant step in expanding Stagwell's influence and capabilities in MENA as the region's strategic importance to global marketers continues to grow. With Consulum's expertise and established government relationships, we are poised to offer unparalleled strategic communications services to our clients worldwide while bolstering our unique capabilities in advocacy beyond the US," Mark Penn Stagwell Chairman and CEO.

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