FCB/Ulka has projected billings of $120m and a staff of 450. Its client base includes Vespa Scooters, L'Oreal, Whirlpool and Northwest Airlines.
True North agreed last week with Paris-based Publicis to a shareholding re-arrangement following the end of the two networks' joint set-up. Publicis said on February 20 that it would buy co-owned agencies in several Asian countries including India.
Copyright February 1997, Crain Communications Inc.