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WPP: GroupM Buys Alchemedia for Undisclosed Sum

LONDON--Advertising firm WPP PLC (WPP.LN) said Monday its wholly owned operating company, GroupM, has agreed to acquire Alchemedia Inc., a media planning & buying agency in South Korea, for an undisclosed sum. MAIN FACTS: -Alchemedia's audited revenue for the year ended Dec. 31, 2011 was 1.4 billion Korean won, with gross assets of KRW10.0 billion. -WPP shares closed Friday at 773 pence valuing the company at 9.74 billion pounds. -Write to Ian Walker at ian.walker@dowjones.com

Stock News for Wpp (WPPGY)
DateTimeHeadline
04/20/201517:26:06Report of Foreign Issuer (6-k)
04/17/201516:29:12Report of Foreign Issuer (6-k)
04/16/201509:52:00Hill+Knowlton Canada Appoints Craig Rowsell as Group Leader of...
04/15/201516:31:14Report of Foreign Issuer (6-k)
04/15/201514:51:00Wunderman Announces Yannis Kotziagkiaouridis as Global Chief...
04/15/201511:49:58WPP Buys New York-Based Mobile Ad Campaign Management Firm Medialets
04/15/201511:10:00WPP Acquires Medialets in the US to Deliver Mobile Campaign ROI...
04/13/201515:46:24Report of Foreign Issuer (6-k)
04/13/201512:05:58Ad agencies lower after Pivotal downgrade
04/10/201515:57:49Report of Foreign Issuer (6-k)
04/10/201510:08:00Hill+Knowlton Strategies remains one of Canadaâs Best Workplaces
04/09/201508:56:00Grey Turkey and 41?29! align to create 4129Grey
04/09/201508:41:00Grey Turkey and 41?29! align to create 4129Grey
04/08/201518:06:07Omnicom CEO Wren got $24M in total 2014 pay
04/08/201513:42:56Report of Foreign Issuer (6-k)
04/07/201509:27:00Burson-Marsteller Named Global Agency Of Record For Meltwater
04/03/201514:29:02Report of Foreign Issuer (6-k)
04/01/201517:13:32Report of Foreign Issuer (6-k)
04/01/201513:26:21Business Leaders Voice Support for U.K.'s Conservative Party
03/30/201517:01:47Report of Foreign Issuer (6-k)

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