M&C Saatchi boss: Woolworths review is ‘perfectly understandable’

Woolworths is reviewing its ad account currently held by M&C Saatchi Sydney, this morning’s Australian Fiancial Review reports.

The review could bring an end a relationship almost a decade old, and covers a budget of around $120m.

A statement from M&C Saatchi chairman Tom Dery, read:

“We have got a great relationship with Woolworths and have done some fantastic work for them over the past nine years.

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