Saatchi brothers eyeing U.K. public offering

03/25/2004 | Financial Times (free content)

British ad gurus and brothers Maurice and Charles Saatchi, formerly of Saatchi & Saatchi, are planning a limited U.K. public offering to raise money for their plan to expand their company, M&C Saatchi, across Europe. M&C Saatchi is believed to be worth about $138 million, and the public offering would raise an estimated $18 million.

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