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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 | |
---|---|---|---|---|---|---|---|---|
0.52 | 1.01% | 52.21 | 52.31 | 51.75 | 51.82 | 56,971 | 19:16:21 |
LONDON--Advertising company WPP PLC (WPP.LN) said Tuesday that its marketing communications unit, JWT, has agreed to acquire Lemon Sky, a creative digital marketing company in Poland, for an undisclosed sum.
MAIN FACTS:
-Founded in 2000 and employing around 70 people in Warsaw and Wroclaw, Lemon Sky specialises in producing a range of digital advertising and campaign services.
-Following the deal, Lemon Sky will join JWT Warsaw to create a integrated communications agency for Poland.
-Lemon Sky's unaudited revenue for the year ended Dec. 31 2013, were 2.7 million euros with gross assets of EUR2.4 million as at the same date.
-Shares of WPP on Monday closed at 1349 pence, valuing the company at GBP18.18 billion pounds .
-Write to Tapan Panchal at tapan.panchal@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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