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WPP PLC (WPP.L)

WPP.L on London Stock Exchange

1,267.00GBp
17 Nov 2017
Change (% chg)

2.00 (+0.16%)
Prev Close
1,265.00
Open
1,268.00
Day's High
1,271.00
Day's Low
1,253.00
Volume
4,508,273
Avg. Vol
5,903,779
52-wk High
1,928.07
52-wk Low
1,238.45

Latest Key Developments (Source: Significant Developments)

WPP says it will not accept Bain's tender offer for ADK shares
Wednesday, 15 Nov 2017 06:00pm EST 

Nov 15 (Reuters) - Wpp Plc :‍WPP owns 10.3 million ADK shares, representing 24.96 pct of issued share capital of ADK​.WPP PLC - ‍WPP does not intend to accept tender offer launched by Bain on 2 October 2017 as company believes Bain has "significantly undervalued ADK​".‍WPP would welcome opportunity to engage constructively with board of ADK if tender offer fails​.WPP - With approval of board and other shareowners company would also be prepared, as requested by some shareowners, to increase shareholding in ADK to 33 percent​.  Full Article

Asatsu-DK says receipt of notice of termination of capital and business alliance with WPP group
Wednesday, 1 Nov 2017 11:39pm EDT 

Nov 2 (Reuters) - Asatsu-DK Inc <9747.T>:Says it received a notice of termination of capital and business alliance with WPP plc and its group companies (WPP Group) on Nov. 1.  Full Article

WPP: asking Tokyo court to declare Asatsu-DK's termination of their business alliance agreement is invalid
Wednesday, 1 Nov 2017 09:44pm EDT 

Nov 2 (Reuters) - WPP says::Asking court to declare that Asatsu-DK Inc's <<<9747.T>>> termination of their business alliance agreement is invalid.Asking court to declare that Asatsu-DK has no right to request or require WPP to sell its shares in Asatsu-DK.Seeking injunction in Tokyo District Court as well as arbitration by Japan Commercial Arbitration Association.  Full Article

WPP Health & Wellness invests in online community The Mighty in the US
Monday, 30 Oct 2017 09:00am EDT 

Oct 30 (Reuters) - WPP PLC ::‍HEALTH & WELLNESS INVESTS IN MIGHTY IN US​.  Full Article

WPP invests in U.S. digital content group Fatherly
Friday, 27 Oct 2017 08:55am EDT 

Oct 27 (Reuters) - WPP PLC ::WPP INVESTS IN US DIGITAL CONTENT COMPANY FATHERLY.‍ANNOUNCES THAT IT IS TAKING A MINORITY STAKE IN IR MEDIA VENTURES CORP ("FATHERLY")​.  Full Article

Morgan Stanley sells 22.5 mln shares in WPP at 1,350 pence per share ‍​
Tuesday, 3 Oct 2017 08:28am EDT 

Oct 3 (Reuters) - MORGAN STANLEY :MORGAN STANLEY COMPLETES THE SALE OF 22.5 MILLION SHARES IN WPP PLC <<>> AT A PRICE OF 1,350 PENCE PER SHARE ‍​.SETTLEMENT IS EXPECTED TO OCCUR ON 5 OCTOBER 2017‍​.  Full Article

Morgan Stanley to sell up to 22.5 mln shares in WPP via accelerated bookbuild
Monday, 2 Oct 2017 12:21pm EDT 

Oct 2 (Reuters) - Morgan Stanley :MORGAN STANLEY ANNOUNCES THE SALE OF UP TO 22.5 MILLION SHARES IN WPP BY MEANS OF AN ACCELERATED BOOKBUILD OFFERING.OFFERING IS BEING UNDERTAKEN TO HEDGE MORGAN STANLEY’S EXPOSURE UNDER DERIVATIVE TRANSACTIONS ENTERED INTO BY MS WITH ASATSU-DK INC.MORGAN STANLEY IS SOLE BOOKRUNNER.  Full Article

WPP acquires majority stake in Danish digital agency, DIS/PLAY
Tuesday, 29 Aug 2017 02:00am EDT 

Aug 29 (Reuters) - WPP Plc :ACQUIRES MAJORITY STAKE IN DANISH DIGITAL AGENCY, DIS/PLAY.  Full Article

WPP acquires independent brand design agency, Design Bridge
Wednesday, 23 Aug 2017 02:00am EDT 

Aug 23 (Reuters) - WPP PLC ::ANNOUNCES THAT IT HAS ACQUIRED DESIGN BRIDGE LIMITED.  Full Article

WPP agrees to acquire German creative agency group thjnk AG
Thursday, 13 Jul 2017 03:00am EDT 

July 13 (Reuters) - WPP Plc ::WPP agrees to acquire creative agency group, thjnk AG, in Germany.Thjnk AG will remain an independent brand within WPP Group.As a result of UK's referendum decision to leave European Union, WPP is placing an even greater emphasis on growth in western continental Europe.  Full Article

Britain's WPP planning for flat net sales in 2018: CFO

BARCELONA WPP , the world's biggest advertising company, is working on an assumption that its 2018 organic net sales will be flat following a sharp slowdown in 2017, its chief finance officer said on Thursday.