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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

Stock News for Wpp (WPPGY)
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09/29/201506:09:00WPP Unit to Acquire Majority Stake in Indian PR Firm
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09/29/201505:35:00WPP's Cohn & Wolfe agrees to acquire majority stake in Six Degrees...
09/24/201515:26:52Report of Foreign Issuer (6-k)
09/24/201508:30:00Ogilvy Public Relations Crowned Asia-Pacific Consultancy of the...
09/21/201514:15:23Report of Foreign Issuer (6-k)
09/17/201515:54:00Robert Mathias Inducted into PRSA-NCC Hall of Fame
09/17/201507:13:00Ogilvy PR Continues Restructuring and Promotes Michael Frohlich...
09/16/201509:19:00Ogilvy Washington Hires Kai Fang as Executive Creative Director
09/14/201515:12:31Report of Foreign Issuer (6-k)
09/14/201511:37:00WPP's Ogilvy Acquires Majority Stake Brazil's Jüssi
09/10/201518:15:00ADRs End Mostly Higher; Mindray Medical Falls

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