WPP: GroupM Buys 49% of Haworth Marketing in US
September 23 2014 - 9:20AM
Dow Jones News
LONDON--WPP PLC (WPP.LN) said Tuesday its wholly-owned media
investment management company, GroupM, bought 49% of U.S. media
agency Haworth Marketing + Media.
Haworth's billings for the year ended Oct. 31 were $700 million
with gross assets of $87 million at the same date, WPP said.
Shares in WPP dropped 12 pence or 0.95% to trade at 1,271 pence
at 0900 GMT.
Write to Ed Ballard at ed.ballard@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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