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News: WPP WPP Aunz Says WPP PLC To Sell 60% Of Kantar To Bain Capital

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    12/07/19
    19:15
    Post #: 39501175

    July 12 (Reuters) - WPP Aunz Ltd (WPP) :

    • WPP PLC, WPP AUNZ'S MAJORITY SHAREHOLDER, TO SELL 60% OF KANTAR, ITS GLOBAL DATA, RESEARCH, CONSULTING, ANALYTICS BUSINESS, TO BAIN CAPITAL
    • IF TRANSACTION IS FINALISED WPP AUNZ EXPECTS NET PROCEEDS AFTER TRANSACTION COSTS AND COMPLETION ADJUSTMENTS TO BE IN ORDER OF $150 MILLION
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