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Announced

Stagwell to acquire Create.

Synopsis

Stagwell, a global marketing network company, agreed to acquire Create, a strategic digital communications group. Financial erms were not disclosed. "As a digital leader in the region, Create. Group is a strong addition for Stagwell in the Middle East as we pursue global digital transformation for our clients. Create. Group and the Code and Theory Network share the same digital-led vision and together, we're the right size to produce quality, game-changing work that will drive growth at-scale for brands," Mark Penn, Stagwell Chairman and CEO.

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