Print Published 23rd Dec 2013, 23:18

Lagardère buys out Publicis 49% stake in Régie 1

The French media and advertising sales group Lagardère Active has bought out the 49% stake in the French media agency Régie 1 previously held by Publicis Groupe.

Neither company offered any reason for unravelling the relationship.  Indeed each offered such effusive and unqualified declarations of affection and trust that any reader would be left utterly puzzled about why they have gone their separate ways.