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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
02/24/201710:48:14Report of Foreign Issuer (6-k)
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02/14/201714:35:00Y&R Creates Practice For Technology And Business Brands
02/14/201712:48:19Amended Statement of Ownership (sc 13g/a)
02/06/201706:04:05Report of Foreign Issuer (6-k)
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01/27/201715:21:43Report of Foreign Issuer (6-k)
01/27/201706:10:15Amended Statement of Ownership (sc 13g/a)
01/26/201715:48:00Publicis Groupe Names Creative Head Arthur Sadoun to Succeed...
01/26/201714:13:00Publicis Groupe Names Creative Head Arthur Sadoun to Succeed...
01/26/201709:30:00Ogilvy Launches Center for Behavioral Science
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