Buyout Firms Speak to WPP About Data Unit Stake, Sources Say -- Reuters
March 19 2019 - 1:08PM
Dow Jones News
-- Several buyout firms have been speaking with advertising
company WPP about acquiring a stake in its Kanter data analytics
unit, Reuters reports Tuesday, citing "four sources familiar with
the matter."
-- Bain Capital and Blackstone are among the groups who have
expressed interest in the unit, the report said.
-- Goldman Sachs is leading the sale, which may see the unit
valued as high as $4.7 billion, the report said.
www.reuters.com/article/us-wpp-kantar-m-a-exclusive/exclusive-advent-and-blackstone-among-bidders-for-wpp-market-research-arm-kantar-sources-idUSKCN1R01FX
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 19, 2019 12:53 ET (16:53 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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