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| Name | Symbol | Market | Type |
|---|---|---|---|
| WPP PLC | NYSE:WPP | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.28 | 0.56% | 50.52 | 50.64 | 50.07 | 50.38 | 103,700 | 01:00:00 |
From May 2019 to May 2024
By Adam Clark
WPP PLC (WPP.LN) said Monday that it acquired a majority stake in Hong Kong-based digital design and software-engineering consultancy ARBA for an undisclosed price.
The advertising and PR company said the acquisition has been made by its communications subsidiary Ogilvy & Mather, increasing WPP's capabilities in digital strategy.
For ARBA's financial year ended March 2017, revenue was 17.3 million Hong Kong dollars ($2.2 million), with net assets of HKD5.8 million, said WPP.
WPP shares are down 7 pence, or 0.5%, at 1382 pence at 0908 GMT.
Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones
(END) Dow Jones Newswires
December 18, 2017 04:34 ET (09:34 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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