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SapientNitro nabs Sao Paulo digital shop iThink
SapientNitro is buying an 81% stake in the Brazilian digital agency iThink, which had been one of the country's last remaining digital independents. Clients include Johnson & Johnson, Nestle and PepsiCo. The move follows a spate of similar mergers and acquisitions, including Dentsu's purchase of Lov and Ogilvy's acquisition of Foster.

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