The acquisition will reportedly cost as much as $80 million. Earlier this year, a similar proposal was vetoed. BlueFocus announced plans in 2014 to make $300 million in U.S. and European investments.
Estimated reading time: 0 minutes, 19 seconds
Estimated reading time: 0 minutes, 19 seconds
China's biggest marketing and public relations firm, BlueFocus, is planning to purchase U.S. company Eleven Holdings Inc. with the hopes of expanding into North America. So reports Caixin.
The acquisition will reportedly cost as much as $80 million. Earlier this year, a similar proposal was vetoed. BlueFocus announced plans in 2014 to make $300 million in U.S. and European investments.