 |
|
WPP expands into digital
WPP, one of the world’s largest communication services groups, has bought a majority stake in Adventures s.r.o, an online marketing agency based in Prague.
The Czech tie-up will enable the group to develop its networks in growth markets and sectors, and strengthen its capabilities in digital media. The terms of the deal remain undisclosed.
To December 2007, Adventures turned over €1.5 million (£1.1 million), reporting gross assets of €1 million (£800,000). It provides online services to high profile clients, such as the Czech Ministry of Foreign Affairs, Nokia and SUN Microsystems.
WPP has more than 110,000 employees in offices in 106 countries. In December 2007, the group reported revenues of £6.6 billion and a market cap of £7.7 billion.
Other M&A Deals
- Close Brothers adds chemical
firm to portfolio Sep 03 2008 - Resaca returns to Texas
with AIM cash Jul 17 2008 - Capital Funds' double helping Sep 04 2008
- Redhall engineers Chieftain move Sep 30 2008
Special Offers
- 2008 AIM Guide: Jul 17 2007
- Growth Company Investor Magazine: Jul 17 2007
- Cash Shells 2007 - Research report Jul 17 2007
- Venture Capital Trusts Jul 04 2007
M&A News
- Buy-outs with bite Sep 30 2008
- Bob Martin tames Seven Seas Sep 30 2008
- Listed-company M&A takes a beating Sep 29 2008
- AIM welcomes San Leon Energy Sep 29 2008
- AMP acquires Fulgent Media Group Sep 26 2008
M & A Events
- The Canaccord Adams Media Magnate Awards 12th November
- How to Float on AIM 11th November
- Rosenblatt New Energy Awards 2009 27th February
- M&A Awards 2009 21st February
Business Diary
- Rosenblatt New Energy Awards 2009 27th February
- Business XL How to float on AIM 11th November