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WPP Buys Majority Stake in Finland-Based Digital Agency Activeark

LONDON--WPP PLC (WPP.LN), an advertising and marketing group, said Monday that JWT, its wholly-owned advertising agency network, acquired a majority equity stake in Activeark Oy, a full service digital agency in Finland. MAIN FACTS: -Activeark, founded 2003, is based in Helsinki with operations in the U.K. and India. -Employs more than 80 people. -JWT Finland and Activeark will combine their businesses and partner in Finland -Activeark gross revenues for year ended Dec. 31 EUR8.1 million; gross assets EUR3.4 million. -Shares at 1025 GMT down five pence, or 0.6%, at 793 pence valuing the company at GBP10 billion. -Write to Ed Ballard at ed.ballard@dowjones.com

Stock News for Wpp (WPPGY)
DateTimeHeadline
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