London-headquartered global advertising company M&C Saatchi has agreed to buy Delhi-based ad agency February India through a 10-year structured deal, reported the Economic Times’ brand equity blog, taking around a 20 per cent stake with a 2020 “business target of Rs 50 crore”.
Naveen Goel Law Offices acted for M&C Saatchi led by partners Naveen Goel and Rishi Bhatnagar, with senior associate Mritunjay Kumar.
Remfry & Sagar partner designate Cyril Abroal and senior associate Samridh Bharadwaj acted for February India.
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