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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
01/16/201704:41:00WPP Ogilvy & Mather Buys Remaining Stake in 2 Chinese JVs
01/12/201719:08:00Correction to Omnicom and WPP Competition Story on Jan. 11
01/12/201713:30:00Joel Benenson Named Burson-Marsteller Worldwide Vice Chair
01/11/201716:31:00Ad Giants Omnicom and WPP Show Claws as Competition Heats up
01/10/201712:39:00Burson-Marsteller Names Mike Fernandez U.S. CEO
01/06/201711:10:03Report of Foreign Issuer (6-k)
01/05/201714:47:00Wunderman Study Reveals 79% Of Consumers Only Buy From Brands...
01/05/201710:48:0076 Percent of Technology Elites Say the U.S. Technology Industry's...
01/03/201709:30:00Wunderman Acquires Majority Stake in Pmweb, a Leading Digital...
01/03/201708:33:00WPP: Wunderman Buys Majority Stake in Brazilian digital Marketing...
12/30/201610:53:47Report of Foreign Issuer (6-k)
12/21/201612:25:57Post-effective Amendment to an S-8 Filing (s-8 Pos)
12/21/201612:22:02Post-effective Amendment to an S-8 Filing (s-8 Pos)
12/20/201615:59:27Report of Foreign Issuer (6-k)
12/19/201611:39:00WPP Subpoenaed By Justice Department in Ad Probe -- Update
12/19/201611:18:00WPP Subpoenaed By Justice Department in Ad Probe
12/19/201610:51:00Grey Group Acquires Tank In Canada
12/19/201610:51:00Grey Group Acquires Tank In Canada
12/19/201610:45:00WPP Receives Subpoenas from US Department of Justice
12/19/201610:37:00WPP Buys Canadian Healthcare and Consumer Agency Tank

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