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WPP Group to acquire 51% stake in mInteraction

Nov 02, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Company: WPP Group plc (WPPGY)

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

News Provided by COMTEX

Company: WPP Group plc (WPPGY)


Related terms: acquisition, communications, ireland, thailand

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