Dentsu CEO: On Lookout For Potential Buys

http://online.wsj.com/article/BT-CO-20090901-716600.html "If there is a chance, we are open to acquisitions not just in the U.S., but also in Europe and Asia," President and Chief Executive Tatsuyoshi Takashima told Dow Jones Newswires in an interview Tuesday.

We're not just targeting firms with digital technology, but also firms in other aspects of marketing communications, though we have no specific target yet,"

The firm, which has over 4,500 overseas staff in 101 offices in 28 countries, currently generates 8.7% of its net sales overseas. It aims to boost this to at least 12% by 2013.

Dentsu's clientele include blue chips such as Toyota Motor, Honda Motor, Hitachi, Toshiba, Panasonic, Sanyo Electric, Sony, Canon and Sharp.