Perfect Relations: WPP : Publicis' Arm MSLGroup To Acquire Independent PR Agency Perfect Relations

(4-traders.com) MSL Group, the Publicis Group's strategic communication and engagement arm, is acquiring independent PR agency Dilip Cherian and Bobby Kewalramani, @Perfect_Relations. The deal is said to value the two decade old Kolkata based agency at INR1.5-2 Bn, a 4x multiple to its annual revenues, and is expected to be closed by December. Perfect Relations,...http://www.4-traders.com/WPP-PLC-12281876/news/WPP--Publicis-Arm-MSLGroup-To-Acquire-Independent-PR-Agency-Perfect-Relations-19370017/