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France's Publicis Groupe and Japanese advertising group Dentsu have terminated the strategic alliance they struck in 2002, with Publicis paying €644.4m (£534m) to buy back 9.3% of its shares owned by Dentsu.

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France's Publicis Groupe and Japanese advertising group Dentsu have terminated the strategic alliance they struck in 2002, with Publicis paying €644.4m (£534m) to buy back 9.3% of its shares owned by Dentsu.

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