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WPP: Ogilvy & Matter Buys Minority Stake in Communication Group AS

LONDON--Advertising firm WPP PLC (WPP.LN) said Monday its wholly-owned operating company Ogilvy & Mather has acquired a minority stake in Communication Group, A.S., the holding company for the Istropolitana group of companies, in the Slovak Republic for an undisclosed sum. MAIN FACTS: -Istropolitana is a full service advertising agency comprising a number of separate businesses. -Istropolitana's consolidated unaudited revenue for the year ended Dec. 31, 2011 was 4.509 million euros, with gross assets of EUR3.672 million. -WPP shares at 0850 GMT up 4 pence, or 0.47%, at 750.5 pence valuing the company at 9.41 billion pounds. -Write to Ian Walker at [email protected]

Stock News for Wpp (WPPGY)
DateTimeHeadline
03/24/201716:16:31Report of Foreign Issuer (6-k)
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03/17/201715:01:14Report of Foreign Issuer (6-k)
03/16/201712:02:00WPP Agrees to Acquire Majority Stake in Bruketa&Zinic OM
03/16/201711:37:00WPP Agrees to Acquire Majority Stake in Bruketa&Zinic OM
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03/07/201700:01:00U.S. News, Y&R's BAV Consulting and the Wharton School Unveil...
03/07/201700:01:00U.S. News, Y&R's BAV Consulting and the Wharton School Unveil...
03/07/201700:01:00U.S. News, Y&R's BAV Consulting and the Wharton School Unveil...
03/06/201717:28:31Report of Foreign Issuer (6-k)
03/04/201703:02:00WPP Forecasts Slow Ad Growth -- WSJ
03/03/201712:32:00WPP Shares Slide as Revenue Growth Slows -- 3rd Update
03/03/201710:31:54Report of Foreign Issuer (6-k)
03/03/201707:00:00WPP 2016 Preliminary Results
03/03/201703:59:00WPP Shares Slide as Revenue Growth Slows -- 2nd Update
03/03/201703:27:00WPP Quarterly Revenue Growth Slowest Since 2012 -- Update
03/03/201702:40:00WPP Expects Slower Growth in 2017

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