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WPP in Talks for Acquisition of 87% of Press Index, Valued at EUR11.2 Million

LONDON--WPP PLC (WPP.LN), a communications services group, and Press Index S.A. (ALPRI.FR), a media intelligence and monitoring group, announced Thursday exclusive negotiations for the acquisition by WPP of shares representing 8% of the outstanding shares of Press Index from its founders as well as other sellers. MAIN FACTS: -Provided this transaction completes, the purchaser would initiate an all-cash simplified tender offer to acquire the remaining outstanding shares of Press Index -The price per share would be 6.81 euros in cash; this price would currently value Press Index at EUR11.2 million total equity value. -WPP shares at 902 GMT, down 14 pence, or 1.79%, at 739.5 pence valuing the company at GBP9.49 billion. -Write to Rory Gallivan at rory.gallivan@dowjones.com

Stock News for Wpp (WPPGY)
DateTimeHeadline
06/29/201512:59:34Annual Report of Employee Stock Plans (11-k)
06/29/201512:54:01Annual Report of Employee Stock Plans (11-k)
06/29/201512:48:55Annual Report of Employee Stock Plans (11-k)
06/29/201512:44:15Annual Report of Employee Stock Plans (11-k)
06/27/201518:03:00Ogilvy & Mather Wins Network of the Year at Cannes for Fourth...
06/27/201516:38:00High fives as WPP scores “un quintuplé” in Cannes
06/26/201516:06:05Report of Foreign Issuer (6-k)
06/25/201517:53:41ADRs End Lower; Statoil Falls
06/25/201516:45:03Report of Foreign Issuer (6-k)
06/25/201514:32:00Hill+Knowlton Strategies Expands Content Marketing Offering with...
06/25/201512:08:36WPP Buys SET Creative For Undisclosed Fee
06/24/201517:30:00Ogilvy & Mather Overtakes Its Record-Breaking 2014 Lion Total...
06/24/201513:40:52Report of Foreign Issuer (6-k)
06/23/201516:27:00Y&R Team Red Istanbul Wins Its First Grand Prix for Media Lions
06/23/201516:04:00Ogilvy & Mather Walks Away with 45 More Lions at Cannes
06/22/201516:27:00Ogilvy & Mather London and Sao Paulo Make an Impact at Cannes...
06/18/201515:56:36Report of Foreign Issuer (6-k)
06/18/201503:42:09WPP Acquires Greenhouse Group in Netherlands For Undisclosed...
06/17/201518:11:00California Health Benefit Exchange Retains Ogilvy Public Relations...
06/17/201518:09:05ADRs End Mixed; Qihoo Rises

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