WPP: Wunderman Buys Stake in Phantasia in Peru for Undisclosed Sum
January 07 2015 - 4:34AM
Dow Jones News
LONDON--Advertising giant WPP PLC (WPP.LN) said Wednesday that
its wholly-owned operating company Wunderman, has bought a majority
stake in Binarix S.A.C., a digital marketing agency in Peru, for an
undisclosed sum.
The agency, which provides consulting, digital marketing,
creative and media buying services to its clients, was founded in
1998. It has been a Wunderman affiliate since 2012.
Shares at 0900 GMT up 11 pence, or 0.84%, at 1319 pence valuing
the company at 17.38 billion pounds ($27 billion).
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
WPP (NYSE:WPP)
Historical Stock Chart
From Mar 2024 to Apr 2024
WPP (NYSE:WPP)
Historical Stock Chart
From Apr 2023 to Apr 2024