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Jan 21, 2000
HEADLINES: Hakuhodo buys into Adformatix Phils
Hakuhodo has acquired 20 per cent stake of local independent agency
Adformatix Inc in the Philippines, with total billings of US$8
million. The venture agency, renamed Adformatix/Hakuhodo, ranked 12th in
terms of gross profit on sales and first among local agencies in the
Philippines.
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