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WPP WPP PLC

50.24
-0.11 (-0.22%)
02 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
WPP PLC NYSE:WPP NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.11 -0.22% 50.24 50.94 50.20 50.56 90,540 01:00:00

WPP Buys Canadian Digital Agency Firm Twist Image for Undisclosed Sum

01/05/2014 2:36pm

Dow Jones News


WPP (NYSE:WPP)
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LONDON--Advertising firm WPP PLC (WPP.LN), said Thursday it has acquired Twist Image Multimedia Inc., a Canadian digital marketing agency, for an undisclosed sum.

Founded in 2000, Twist Image's unaudited revenue as of Dec. 31, 2013 were 13.4 million Canadian dollars with gross assets of C$6 million as of the same date.

WPP PLC Shares at 1302 GMT traded up 7 pence, or 0.6%, at GBP12.81, valuing the company at GBP17.06 billion.

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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