Publicis buys Relaxnews for about €15 million

PARIS–Advertising agency Publicis SA (PUB.FR) Monday said it bought French press agency Relaxnews (ALRLX.FR) for 9.58 euros ($10.4) a share or a total value of about EUR15 million. Publicis had entered into exclusive negotiations with shareholders of Relaxnews to buy the company in February at the same price.

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