WPP's GroupM to Buy Controlling Interest in MediaCom India
January 24 2017 - 7:49AM
Dow Jones News
LONDON--WPP PLC's (WPP.LN) global media investment arm GroupM
said Tuesday it agreed to increase its holding in MediaCom India to
become a majority stakeholder.
WPP shares at 1220 GMT up 9 pence, or 0.5%, at GBP18.52, valuing
the company at GBP23.72 billion.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
January 24, 2017 07:34 ET (12:34 GMT)
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