Aegis expands in China

Aegis has turned to China to increase its expanding investment portfolio. The FTSE 250 group said yesterday that it has agreed to add Chinese digital agency Beijing eLink Advertising to its digital arm Isobar for an undisclosed sum. Founded in 2007, eLink’s gross assets at the close of 2011 were £3m. It counts blue-chip companies China Mobile Communications and Industrial and Commercial Bank of China among its clients.