Dentsu to Transfer Ownership of Russian Business to Local Partner

The move follows rivals WPP, Publicis Groupe and IPG in pulling out of the country

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Denstu International, part of the Japanese advertising agency group Dentsu, has revealed that it is in the process of transferring the ownership of its joint venture in Russia in response to the country’s invasion of Ukraine.

Following the response of rival agency networks WPP, IPG and Publicis Groupe, the company has released a statement to reveal that it has moved to take itself out of Russia as the pressure increases on companies and brands to support economic sanctions upon the country to dissuade the continued attack on its neighbor.

Dentsu stands with Ukraine

“Dentsu stands unequivocally with Ukraine and the global community who are calling for the restoration of peace. In

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