Scangroup Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Auerbach Grayson & Co., Inc.
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WPP PLC To Acquire Majority Stake In Scangroup Ltd
WPP PLC announced that it has agreed to acquire additional shares in Scangroup Limited in Kenya which will increase its interest to 50.1%. Scangroup Limited, Africa's marketing services group, is a publicly listed company whose shares are traded on the Nairobi Securities Exchange. The agreement is conditional upon all necessary regulatory approvals including Scangroup's shareholders, the Capital Markets Authority and Nairobi Securities Exchange in Kenya and includes an exemption from making a take-over offer for Scangroup.
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