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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 | |
|---|---|---|---|---|---|---|---|---|
| 0.32 | 0.60% | 53.91 | 408 | 14:00:53 |
From May 2019 to May 2024
LONDON-- Advertising company WPP PLC (WPP.LN) said Thursday that its subsidiary Grey is to acquire a majority stake in The Volcano Group, a South African advertising and communications company, for an undisclosed fee.
MAIN FACTS:
-Volcano's unaudited consolidated revenues for the year ended May 31, 2013 were 61 million rand, with gross assets at the same date of ZAR26 million.
-Shares at 0817 GMT, down 12 pence, or 1%, at 1,231 pence valuing the company at GBP16.38 billion.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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