HEADLINES: Hakuhodo buys into Adformatix Phils

<p>Hakuhodo has acquired 20 per cent stake of local independent agency </p><p>Adformatix Inc in the Philippines, with total billings of US$8 </p><p>million. The venture agency, renamed Adformatix/Hakuhodo, ranked 12th in </p><p>terms of gross profit on sales and first among local agencies in the </p><p>Philippines. </p><p><BR><BR> </p>

by | 01/21/2000