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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
05/22/201513:55:56Report of Foreign Issuer (6-k)
05/22/201504:04:02WPP's Chinese Unit Buys Singapore Based Marketing Firm 3ree
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05/20/201517:30:42Report of Foreign Issuer (6-k)
05/20/201516:00:05Report of Foreign Issuer (6-k)
05/19/201515:39:25Report of Foreign Issuer (6-k)
05/19/201508:36:18WPP's Unit Grey Healthcare Group Buys Minority Stake in PARx
05/19/201508:03:00Ogilvy & Mather Worldwide Chief Creative Officer Tham Khai Meng...
05/19/201505:52:47WPP Launches New Sports Rights Agency
05/19/201504:18:36WPP Buys Majority Stake in Sports Marketing Agency Two Circles
05/18/201516:03:14Report of Foreign Issuer (6-k)
05/15/201515:36:00AdPeople PSA wins "Ad of the Week" from The Drum
05/14/201518:31:00John Lynn Named Regional Director of Y&R and Wunderman Latin...
05/13/201516:27:00Report of Foreign Issuer (6-k)
05/11/201518:33:00Y&R Singapore Appoints Komal Bedi Sohal as Chief Creative Officer
05/11/201510:00:00Monica Lewinsky to Stand Up for the Cyberbullied at Ogilvy...
05/06/201515:14:44Report of Foreign Issuer (6-k)
05/06/201508:00:00Ogilvy Public Relations Expands Latino And Spanish-Language Expertise...
05/04/201512:13:00Burson-Marsteller Appoints Jorge Ortega Executive Vice President...
05/01/201513:58:04Report of Foreign Issuer (6-k)

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