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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
07/02/201510:28:00Burson-Marsteller Launches US-based Cuba Specialty Offering
07/01/201517:24:26Report of Foreign Issuer (6-k)
07/01/201515:59:00Y&R Achieves Its Best Performance Ever at The 2015 Cannes Lions...
06/29/201512:59:34Annual Report of Employee Stock Plans (11-k)
06/29/201512:54:01Annual Report of Employee Stock Plans (11-k)
06/29/201512:48:55Annual Report of Employee Stock Plans (11-k)
06/29/201512:44:15Annual Report of Employee Stock Plans (11-k)
06/27/201518:03:00Ogilvy & Mather Wins Network of the Year at Cannes for Fourth...
06/27/201516:38:00High fives as WPP scores “un quintuplé” in Cannes
06/26/201516:06:05Report of Foreign Issuer (6-k)
06/25/201517:53:41ADRs End Lower; Statoil Falls
06/25/201516:45:03Report of Foreign Issuer (6-k)
06/25/201514:32:00Hill+Knowlton Strategies Expands Content Marketing Offering with...
06/25/201512:08:36WPP Buys SET Creative For Undisclosed Fee
06/24/201517:30:00Ogilvy & Mather Overtakes Its Record-Breaking 2014 Lion Total...
06/24/201513:40:52Report of Foreign Issuer (6-k)
06/23/201516:27:00Y&R Team Red Istanbul Wins Its First Grand Prix for Media Lions
06/23/201516:04:00Ogilvy & Mather Walks Away with 45 More Lions at Cannes
06/22/201516:27:00Ogilvy & Mather London and Sao Paulo Make an Impact at Cannes...
06/18/201515:56:36Report of Foreign Issuer (6-k)

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