Financial Times FT.com

Publicis launches $1.3bn bid for Digitas

By Adam Jones in Paris

Published: December 21 2006 02:00 | Last updated: December 21 2006 02:00

Publicis, the French advertising group, last night launched a $1.3bn friendly takeover bid for Digitas, a US specialist in online advertising and other formsof digital and interactivemarketing.

Maurice Lévy, Publicis chairman and chief executive, said the offer was a reflection of the speed with which advertising wasmoving to the web from traditional media such as news-papers and TV.

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