WPP PLC's Unit JWT Acquires Blinks in Brazil for Undisclosed Sum
September 05 2014 - 5:05AM
Dow Jones News
LONDON--Advertising firm WPP PLC's (WPP.LN) operating company
JWT, the marketing communications agency, has acquired a majority
stake of Mídia 123 Serviços de Publicidade Via Internet Ltda
(Blinks), for an undisclosed sum.
Blinks, a search engine marketing agency in Brazil, was founded
in 2009 and employs 81 people.
WPP shares at 0833 GMT traded down 0.02 pence, or 0.15%, at
GBP12.96, valuing the company at GBP17.08 billion.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
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