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WPP Group to acquire 51% stake in mInteraction

WPP Group plc, an Ireland-based communications services group, has agreed to acquire a 51% stake in mInteraction Co., Ltd., a Thailand-based digital media agency.

Deal Type    Acquisition
Sub-Category Majority Acquisition
Deal Status  Announced: 2009-10-30

Deal Participants

Target (Company)   mInteraction Co., Ltd.
Acquirer (Company) WPP Group plc

Deal Rationale

The acquisition enables WPP Group to strengthen its capabilities and expertise in digital media.

% Acquisition 51%

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

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Related terms: acquisition, communications, ireland, thailand

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