WPP Group
Delayed London Stock Exchange - 03/23 05:35:03 pm

WPP Buys London-based Mash Strategy

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01/12/2018 | 10:33 am

By Maryam Cockar

WPP PLC (>> WPP Group) said Friday that its data-investment management division, Kantar, has bought Mash Strategy Ltd. for an undisclosed sum.

The FTSE 100-listed advertising company said that London-based Mash provides brand-consulting services, with clients including Johnson & Johnson (>> Johnson & Johnson), Samsung Electronics Co. Ltd. (>> Samsung Electronics Co Ltd), Unilever PLC (>> Unilever) and PepsiCo. Inc.(>> PepsiCo).

WPP said the acquisition is part of its strategy for global investment.

Shares in WPP were up 12 pence to 1,336 pence at 0916 GMT.

Write to Maryam Cockar at [email protected]

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