Storied ad agency RK Swamy appoints i-bankers for IPO; first by a marketing services group
In July 2022, RK Swamy and BBDO (a leading network of the global Omnicon group) announced parting of ways after an alliance that lasted 37 long years. Under a new agreement, RK Swamy bought out BBDO’s stake in the joint entity and BBDO bought out RK Swamy’s stake in BBDO India.
Source: moneycontrol.com