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WPP sells a majority stake of Kantar to Bain Capital for US$4.0bn

July 12, 2019 5:19

WPP has entered into a $4.0bn agreement with Bain Capital to sell a 60% stake of data, insights and consulting company Kantar.

The holding group said the transaction further simplifies and repositions it for growth, and will unlock value for shareholders. Completion of the deal is expected to occur in early 2020. The agreement is also set to give a US$1.2bn (or £1.0bn) return to Kantar’s shareholders.

WPP will be selling a 60% stake of Kantar to Bain Capital for $4.0bn

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Zoe Wilkinson was a reporter at Mumbrella and the producer of the Mumbrellacast from March 2019 to May 2021.

Topics
Bain Capital Kantar Mark Read WPP
2 COMMENTS
Stevo 12 Jul 19

Keeps the banks happy.

User ID not verified.
Johno 15 Jul 19

Well that’s one way to get your NPS numbers better.

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