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Nov 02, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
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%
Tags: acquisition communications ireland thailand
Companies: WPP Group plc (WPPGY)
Nov 01, 2009 (The Australian Financial Review - ABIX via COMTEX) --
The annual returns for the Australian arm of WPP Group show a profit of $A69,000 for 2008. The 2007 result was a profit of $A14.6 million. In 2008 the company lost its largest client, Telstra. Many of WPP's subsidiary companies have undergone senior management changes in 2009.
Publication Date: 2 November 2009
WPP GROUP PLC TELSTRA CORPORATION LIMITED - ASX TLS AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION THE COMMUNICATIONS GROUP HOLDINGS PTY LTD GEORGE PATTERSON Y&R PTY LTD IDEAWORKS MEDIA PTY LTD HMA BLAZE PTY LTD WUNDERMAN MEDIA PUZZLE PTY LTD NETWORK LIMITED - ASX NWK THE CAMPAIGN PALACE TOURISM NEW SOUTH WALES PANASONIC MATSUSHITA ELECTRIC INDUSTRIAL COMPANY LIMITED FOSTER'S GROUP LIMITED - ASX FGL LAMINEX GROUP LIMITED CALTEX AUSTRALIA LIMITED - ASX CTX ENERGEX CORPORATION NATIONAL FOODS LIMITED KIRIN HOLDINGS COMPANY LIMITED INDEPENDENT LIQUOR GROUP THE INDEPENDENT LIQUOR GROUP CO-OPERATIVE LIMITED VIRGIN ATLANTIC AIRWAYS LIMITED RAINE AND HORNE (HOLDINGS) PTY LTD V8 SUPERCARS AUSTRALIA PTY LTD NOKIA AUSTRALIA PTY LTD NOKIA OY AB SARA LEE AUSTRALIA PTY LTD MICROSOFT CORPORATION
Tags: australia local media new south wales profit securities
Companies: WPP Group plc (WPPGY)
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The WPP Group consists of world class companies providing advertising, marketing, communication services and activities worldwide.
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