WPP Unit to Acquire Majority Stake in Indian PR Firm
September 29 2015 - 06:09AM
Dow Jones News
LONDON--Advertising company WPP PLC (WPP.LN) said Tuesday that
its operating company Cohn & Wolfe will acquire a majority
stake in Indian public relations agency Six Degrees PR and its unit
Alphabet Consulting.
No financial terms of the deal were disclosed.
Shares of WPP at 0935 GMT trading 1.1% lower at 1,322 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
September 29, 2015 05:54 ET (09:54 GMT)
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