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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
02/12/201611:34:22Amended Statement of Ownership (sc 13g/a)
02/10/201610:31:55Amended Statement of Ownership (sc 13g/a)
02/10/201609:00:00Ogilvy & Mather promotes Gerry Human to Global Executive Creative...
02/09/201615:17:00Teresa Henderson Joins Burson-Marsteller as Southwest Market...
02/04/201609:00:00Marketo and Wunderman Partner to Deliver Insight-Driven Engagement...
02/01/201617:39:00WPP Finishes 2015 as Most Prolific Acquirer in Media, Marketing...
02/01/201613:02:00Fran Luckin Joins Grey Africa As Chief Creative Officer
02/01/201611:42:00WPP's Greyhealth Acquires Healthcare App Developer The Lathe
01/28/201616:48:03Report of Foreign Issuer (6-k)
01/27/201608:53:00Grey Group Acquires Mobile Experiences Studio ArcTouch
01/27/201608:34:00WPP: Grey Buys US Mobile App Development Firm for Undisclosed...
01/22/201602:38:00WPP: Possible Worldwide Buys Majority Stake in Germany's Conrad...
01/21/201611:58:00First-of-its-Kind PSA Campaign Targets the 86 Million American...
01/21/201610:41:00First-of-its-Kind PSA Campaign Targets the 86 Million American...
01/21/201610:19:00Hill+Knowlton Canada Hires GM for Alberta
01/20/201610:54:00Ogilvy & Mather Appoints Agency Veteran John Seifert as CEO
01/20/201609:15:00Ogilvy & Mather names John Seifert Worldwide CEO
01/20/201607:06:00Companies Sitting on Cash Amid Global Uncertainty, Says WPP CEO
01/19/201614:53:11Annual Report of Employee Stock Plans (11-k)
01/18/201607:11:00WPP: Cohn & Wolfe Buys Majority Stake in Brazil's Grupo Máquina

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