WPP Buys Canadian Digital Agency Firm Twist Image for Undisclosed Sum
May 01 2014 - 9:36AM
Dow Jones News
LONDON--Advertising firm WPP PLC (WPP.LN), said Thursday it has
acquired Twist Image Multimedia Inc., a Canadian digital marketing
agency, for an undisclosed sum.
Founded in 2000, Twist Image's unaudited revenue as of Dec. 31,
2013 were 13.4 million Canadian dollars with gross assets of C$6
million as of the same date.
WPP PLC Shares at 1302 GMT traded up 7 pence, or 0.6%, at
GBP12.81, valuing the company at GBP17.06 billion.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
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