JCDecaux/Publicis venture win Paris advertising, bike-hire contract |
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Published
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Mon, 29 Jan 2007 17:56 |
PARIS (AFX) - The Somupi joint venture of JCDecaux SA and Publicis has won a contract from the city of Paris to manage its outdoor advertising, and also operate a network of self-service bicycle rentals, the mayor's office said.Somupi has held the Paris outdoor advertising contract since 1976, but a new tender was announced last year. Clear Channel, in association with France Telecom, EDF and Vinci, lodged the only competing bid for the contract, whose value was not disclosed.JC Decaux owns 67 pct of Somupi, while Publicis holds the remaining 33 pct.paris@afxnews.comafp/js/jmsCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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