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United Kingdom

WPP PLC (WPP.L)

WPP.L on London Stock Exchange

1,389.00GBp
15 Dec 2017
Change (% chg)

35.00 (+2.58%)
Prev Close
1,354.00
Open
1,369.00
Day's High
1,389.00
Day's Low
1,356.00
Volume
7,888,983
Avg. Vol
6,102,490
52-wk High
1,928.07
52-wk Low
1,238.45

Latest Key Developments (Source: Significant Developments)

Bain Capital Completes Tender Offer Worth 87.05 Percent Of Japan's Asatsu-Dk Voting Rights - Filing
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Asatsu-Dk Inc <9747.T>::BAIN CAPITAL COMPLETES TENDER OFFER WORTH 87.05 PERCENT OF JAPAN'S ASATSU-DK VOTING RIGHTS - FILING.  Full Article

Bain Capital says it agrees with WPP to buy Asatsu DK shares
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Asatsu-dk Inc <9747.T>:Bain Capital says it agrees with WPP to buy Asatsu DK shares.Bain Capital says it will extend TOB period until Dec. 6.Bain Capital says WPP agrees to buy ADK shares for 3,660 yen a share.Bain Capital says WPP will withdraw legal action against ADK if tender offer succeeds.  Full Article

WPP says it will not accept Bain's tender offer for ADK shares
Wednesday, 15 Nov 2017 

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
Thursday, 2 Nov 2017 

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
Thursday, 2 Nov 2017 

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 

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 

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

WPP responds to Asatsu-DK statement regarding tender offer for co's shares
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - Wpp Plc ::NOTED ADK’S “DELAYED FAQ REGARDING TENDER OFFER FOR THE SHARES OF THE COMPANY”‍​.WPP PLC - ‍WPP REITERATES THAT TENDER OFFER SIGNIFICANTLY UNDERVALUES ADK, AS OTHER SHAREHOLDERS HAVE SUBSEQUENTLY STATED BOTH PUBLICLY AND PRIVATELY​.WPP PLC - "‍ADK HAS IMPROPERLY ATTEMPTED TO TERMINATE ITS CO-OPERATION AND BUSINESS ALLIANCE AGREEMENT WITH WPP​".  Full Article

WPP to acquire majority stake in Bruketa&Zinic OM
Thursday, 16 Mar 2017 

WPP Plc : WPP agrees to acquire majority stake in Bruketa&Zinic OM .Following acquisition, WPP's Grey Zagreb will merge into Bruketa&Zinic to create Bruketa&Zinic&Grey.  Full Article

WPP says entered into close period buy back program
Friday, 30 Sep 2016 

WPP Plc : Maximum number of shares that will be purchased is 2.37 mln for purpose of shareholder returns . Has entered into arrangement with broker, Merrill Lynch, to repurchase ordinary shares on its behalf .Maximum pecuniary amount allocated to buy-back programme is 43.9 mln stg.  Full Article

Deals of the day- Mergers and acquisitions

Dec 7 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: