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MKM Group has sold a 90% stake in Promodus, the London-based marketing services firm, to Stripe Marketing in an all-share deal.
MKM has acquired Promodus, the London-based marketing and communications consultancy, for £0.7m.
MKM is to acquire Leapfrog, the New Zealand-based promotions company, for up to £9m.
MKM Group is to raise £1.4m in a flotation on Aim, in order to expand its travel and promotions business.