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WPP shares partially recover

17 May 2001

LONDON - WPP Group shares have partially recovered from their dramatic fall yesterday, following a...WPP shares. A third of their holdings could have been sold in the last year, but the expiry date for the remaining two thirds came a few days ago. A spokesman for WPP said the shares were only a small proportion ...

WPP revenue fall

01 May 2003

WPP saw revenues for its PR interests – which include Finsbury, Ogilvy PR Worldwide, Buchanan

WPP and Finsbury end talks

07 Nov 2000 | by Louise Banbury

Talks between UK financial PR company Finsbury and the advertising holding group WPP Group have...LONDON (Brand Republic) - Talks between UK financial PR company Finsbury and the advertising holding group WPP Group have failed, according to reports. WPP, which owns the Ogilvy 15m to 20m for Finsbury with an earn-out deal valuing the company at 50m. However, this price was later deemed “ludicrous ...

Global LG brief for WPP

13 May 2009 | by Arun Sudhaman

agency unit created by WPP Group....LG's Seoul-based global comms director Ken Hong told PRWeek that the unit, called LG-One, would comprise a multi-agency team of WPP companies, led by Ogilvy PR executive Luca Penati. PRWeek revealed ... of the complexity of the task. While Hong declined to name the WPP agencies involved, it is expected elements from ...

WPP dumps Andersen as auditor

20 May 2002 | by Jennifer Whitehead,

LONDON - WPP Group is the latest company to sack Arthur Andersen as its auditor, following...WPP said in a statement today that it is proposing to appoint Deloitte & Touche "following a thorough review of services offered by a number of the leading international accountancy firms". The marketing services company, owner of agencies including Ogilvy & Mather and J Walter Thompson, is one of a ...

INTERNATIONAL: New acquisition for WPP

30 Nov 2001

WASHINGTON, DC: WPP has acquired Washington, DC-based strategic research and polling consultancy Penn, Schoen 22.2m. ...

WPP to make 'thousands of redundancies'

05 Jan 2009 | by Alec Mattinson

WPP Group is to axe thousands of jobs according to newspaper reports....to be concentrating on cutting back in areas where staff costs exceed 60 per cent of revenue. WPP operations ... cent of its workforce will be cut as rubbish'. WPP currently employs 100,000 world ... Europe and Asia where demand for PR and market research continues to grow. WPP is not the only ...

WPP buys technology PR firm

23 May 2001

LONDON - The WPP Group public relations unit Cohn & Wolfe has bought US technology PR firm...WPP said the deal continues its strategy of strengthening its networks in growth sectors and markets and further broadens C 10.4m ( 7.3m) and net assets of 3.5m ( 2.5m) last year. ...

Paster resigns from WPP board

06 Jul 2006 | by Ted McKenna

WPP Group has announced that its executive vice-president of PR Howard Paster has resigned from its...said. No decision on a successor has been made. Paster said WPP Group CEO Sir Martin Sorrell had ...

WPP boosts web marketing clout

31 Aug 2006 | by Ted McKenna

WPP Group has acquired a reported 25 per cent stake in US-based internet marketing firm Visible.... ‘We will be introduced to some WPP agencies so they can better understand how to apply the technologies for clients,' said Visible CEO Adam Selig. In July, WPP entered into a partnership ...

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