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ALPRI Prismaflex International

5.85
0.15 (2.63%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Prismaflex International EU:ALPRI Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.15 2.63% 5.85 5.35 5.85 5.95 5.50 5.95 271 12:54:45

WPP: Kantar has Completed Acquisition of 87.8% Stake in Press Index

13/07/2012 5:15pm

Dow Jones News


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LONDON--Advertising company WPP PLC (WPP.LN) Friday said its operating network, Kantar, has completed its acquisition of 1.4 million shares, representing 87.76% of the share capital of Press Index (ALPRI.FR).

MAIN FACTS:

-Kantar will launch a simplified cash public tender offer to purchase the remaining outstanding shares of Press Index.

-If, at the end of the public tender offer, the non-tendered shares represent less than 5% of the share capital of Press Index, Kantar intends to implement a squeeze-out procedure.

-Shares of WPP on Friday closed at 797 pence.

-Write to Tapan Panchal at tapan.panchal@dowjones.com

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