M&C Saatchi to acquire Dune 23.

M&C Saatchi, an international communications company, agreed to acquire Dune 23, an award-winning sports agency in Dubai and Abu Dhabi. Financial terms were not disclosed. M&C Saatchi's further expansion into the Middle East is driven by increasing demand from clients and growth opportunities, complementing our already bolstered presence in a region that is fast becoming one of the world's leading hubs for sport and entertainment. The bolt-on acquisition is in line with our growth strategy and capital allocation policy and will be funded by available cash on the balance sheet. The acquisition is expected to close in the coming weeks, subject to satisfaction of customary conditions.