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WPP Wpp Plc

803.80
7.20 (0.90%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wpp Plc LSE:WPP London Ordinary Share JE00B8KF9B49 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  7.20 0.90% 803.80 802.40 802.60 804.40 796.80 799.60 2,792,220 16:35:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Advertising Agencies 14.84B 110.4M 0.1027 78.15 8.63B

WPP Ogilvy & Mather Buys Remaining Stake in 2 Chinese JVs

16/01/2017 9:41am

Dow Jones News


Wpp (LSE:WPP)
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LONDON--WPP PLC (WPP.LN) said Monday operating company Ogilvy & Mather Marketing Communications Ltd. is buying the remaining 25% and 15% stakes in Shanghai Ogilvy & Mather Advertising and Shanghai Ogilvy & Mather Marketing Communications Consulting respectively--two joint ventures in China.

The company didn't disclose the purchase price of the interest.

Shares at 0910 GMT up 12 pence, or 0.6%, at 1,900 pence valuing the company at GBP24.3 billion.

 

-Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

 

(END) Dow Jones Newswires

January 16, 2017 04:26 ET (09:26 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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