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News: WPP WPP AUNZ Receives Unsolicited Buyout Proposal From Parent

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    30/11/20
    11:50
    Post #: 49233881

    Nov 30 (Reuters) - WPP Aunz Ltd (WPP) :

    • RECEIPT OF UNSOLICITED PROPOSAL TO ACQUIRE
    • RECEIVED AN UNSOLICITED PROPOSAL FROM ITS MAJORITY SHAREHOLDER WPP PLC
    • OFFER FOR A$0.55 PER SHARE
    • INDEPENDENT DIRECTORS OF WPP AUNZ, ALONG WITH ITS ADVISERS, ARE CONSIDERING PROPOSAL
    • RECOMMENDS SHAREHOLDERS TAKE NO ACTION OVER WPP PLC BUYOUT OFFER
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