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Aug 16 (Reuters) - WPP Aunz Ltd (WPP) : WPP AUNZ LTD ANNOUNCES...

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    16/08/19
    12:10
    Post #: 40015365

    Aug 16 (Reuters) - WPP Aunz Ltd (WPP) :

    • WPP AUNZ LTD ANNOUNCES IT HAS ENTERED INTO AN AGREEMENT TO SELL 100% OF ITS INTERESTS IN KANTAR BUSINESSES IN AUSTRALIA AND NEW ZEALAND
    • TRANSACTION VALUES KANTAR AT $168 MILLION
    • PROCEEDS TO WPP AUNZ ON COMPLETION, AFTER TRANSACTION COSTS, & PROVISION FOR RESTRUCTURE LIABILITIES, ARE EXPECTED TO BE C.$150 MILLION
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