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WPP-owned Ogilvy & Mather acquires majority stake in Media

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Ogilvy & Mather, the global marketing communications group, has confirmed that it has acquired a majority stake in Strike Media Proprietary Limited in South Africa.

Strike is a mobile marketing and technology agency delivering customised mobile strategy, campaigns,design and development services to clients across the financial, retail, consumer and telecommunications sectors. It posted revenues of approximately ZAR 16 million (£1.19m) and assets of ZAR 16 million (£1.19m) on 29 February 2012.