Posts Tagged ‘WPP’

Published 21st Nov 2017, 09:38

WPP to sell ADK shares in return for possible stake in successor company

WPP has agreed to tender its shares in Asatsu-DK at the offer price of ¥3,660 per share and, if the tender offer is successful, to withdraw its injunction proceedings in the Tokyo District Court... Read more
Published 21st Nov 2017, 08:18

WPP’s Japanese strategy awaits today’s ADK bid deadline

Shareholders in the Japanese marketing group Asatsu-DK will decide today whether Bain Capital’s £1 billion takeover bid will succeed and – most importantly – whether WPP gives up its fight to... Read more
Published 16th Nov 2017, 23:39

Havas revenue remains in the doldrums

Havas Group today joined most of the other major global groups in reporting negligible revenue growth of 0.6% in the nine months to 30 September.  If currency movements were to be excluded the... Read more
Published 16th Nov 2017, 11:45

WPP offers “constructive” talks and capital injection if ADK offer fails

WPP last night reaffirmed its decision not to tender its 24.9% shareholding in Asatsu-DK to Bain Capital and offered to “engage constructively” with the board of ADK if the tender offer fails.... Read more
Published 15th Nov 2017, 17:14

WPP proceeds with petition to stop sale of its ADK shares

Asatsu-DK confirmed today that WPP is seeking a court order to prevent the Japanese group from forcing WPP to sell its 24.9% shareholding. The news prompted a further 2.8% fall in WPP’s share... Read more
Published 14th Nov 2017, 16:47

Dentsu’s international revenues rise but group profit falls

Dentsu’s US and South American operations provided a major fillip to its revenue and gross income in the nine months to 30 September, but gross income from domestic business declined by 2.4% and... Read more
Published 12th Nov 2017, 19:11

Sector share prices: 12 November 2017

Shares in marketing companies had their best performance since January in the latest month to 12 November.  The sector’s MSFI Index increased by 3.59% to 78.7 (January 2001 = 100) while the FTSE... Read more
Published 8th Nov 2017, 19:19

WPP’s share price hits three year low

Shares in WPP – the world’s biggest marketing group - have fallen from an all-time high in February this year to a three year low tonight. When the London stock market closed this evening... Read more
Published 6th Nov 2017, 16:45

Lord Ashcroft’s Jaywing shareholding in the spotlight

Lord Ashcroft’s 24.6% shareholding in the AIM listed marketing, analytics and risk management agency Jaywing has come under the spotlight after the former Conservative Party treasurer was... Read more
Published 2nd Nov 2017, 11:26

WPP accuses ADK of breaching share agreement

WPP has accused the Japanese marketing group Asatsu DK of breaching a stock purchase agreement entered into in August 1998.  As a result of the alleged breach, WPP claims that it is entitled to... Read more