BatesAsia in talks with Methinks

SHANGHAI - WPP's BatesAsia is believed to be in talks with Shanghai activation agency Methinks with a view towards acquisition.

BatesAsia president Jeffrey Yu declined to comment on the development. It is the second major acquisition that the agency has been linked with in recent months, after earlier reports that it is considering buying Singapore’s 10am Communications (Media, 11 July).

The development comes after BatesAsia’s lost its grip on its 14-year Nokia relationship in the region.