LONDON -(Dow Jones)- WPP PLC (WPP.LN) said Friday that will acquire a 51% stake in mInteraction Company Limited, a digital agency in Thailand, subject to obtaining all relevant regulatory approvals; mInteraction will form part of GroupM, the leading global media investment management parent company.
MAIN FACTS:
-Founded in 2007, mInteraction employs 45 people and clients include Cadbury, Ford, Nike, Sony and Unilever.
-mInteraction's audited revenues for the year ended 31 December 2008 were THB 35.4 million, with gross assets at the same date of THB52.3 million.
-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com