Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.
SYDNEY – The largest Australian-owned mainstream ad agency – John Singleton Advertising – will float stock on the exchange here. The flotation is expected to raise about $11.5 million through the public issue of 9.1 million shares at a price of about $1.25 each. Agency principal John Singleton will retain a 35% stake in the agency, which includes a 10% stake in the ‘Ten’ television network. Analysts said the float will be boosted by Singleton’s high, if controversial, profile.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in