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Provider: Thomson Reuters Stock Report
Provider: MacroRisk Analytics/EconomicInvestor
Provider: ValuEngine, Inc.
Provider: ValuEngine, Inc.

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WPP PLC To Acquire Majority Stake In Scangroup In Kenya

Monday, 12 Aug 2013 09:53am EDT 

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. 

Company Quote

20 Apr 2015