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Itochu to Take Dentsu Soken Private in $1.3 Billion Deal
Japanese trading house Itochu Corp is acquiring Dentsu Soken Inc in a $1.3 billion deal that will take the company private. The transaction will eliminate the parent-subsidiary listing structure between Dentsu Soken and its parent company Dentsu Group Inc. This move consolidates ownership and streamlines the corporate structure of the advertising and consulting firms.
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