Stagwell To Buy UAE's 'Create. Group'
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Stagwell Inc. (STGW) has announced its acquisition of 'Create. Group', a digital strategy and communications firm based in the UAE. The financial details of the transaction remain undisclosed. CEO Mark Penn emphasized that this acquisition strengthens Stagwell's position in the Middle East as the company aims to enhance global digital transformation for its clients. 'Create. Group' will become part of Stagwell's Code and Theory Network, which focuses on adapting to evolving consumer behaviors and technologies.
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