INTERNATIONAL NEWS
By Adnews Staff
TBWA International has moved into the Asian market by purchasing majority stakes in two agencies in Hong Kong and Singapore. Lee Davis agency in Hong Kong becomes TBWA Lee Davis, with branch offices in four mainland China cities. Singapore-based Fong Haque & Soh will be renamed TBWA Fong Haque & Soh. TBWA has also opened an office in the Brazil/ Latin America region, which was formed from the merger of two agencies: Graciotti Publicidade and Schonburg/Navarro Asociados. TBWA has a majority stake in the agency.
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