LONDON--Advertising and public relations group WPP PLC (WPP.LN) Friday said it bought a majority stake in the business of Marketeers Vietnam Co., Ltd., a marketing agency based in Ho Chi Minh City which employs more than 75 people and conducts promotional campaigns and other services.

-Shares at 1233 GMT up 29 pence or 2.2% at 1,364 pence valuing the company at GBP18 billion

-Write to Ed Ballard at ed.ballard@wsj.com

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