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WPP to buy majority stakes in Ogilvy SA, Mindshare SA
NEWSWATCH: Subject to obtaining regulatory approval, WPP announced today, Thursday, 27 January 2011, that it has agreed to acquire a majority stake in Ogilvy South Africa. Along with its group companies, Ogilvy SA is part of the Ogilvy Worldwide network. WPP is also increasing its stake in Mindshare South Africa, which will form part of the GroupM network of companies within SA.
For more:
Original WPP press release: WPP to acquire majority interest in Ogilvy South Africa
Original WPP press release: WPP acquires 50% of Mindshare South Africa
IOL Business Report: Ogilvy & Mather to up Ogilvy SA stake
Sharecast: WPP back on acquisition trail
Research-live.com: WPP ups stake in Mindshare South Africa
Twitter Search: Ogilvy South Africa WPP
Twitter Search: WPP Mindshare
Google News Search: Ogilvy South Africa
Google News Search: WPP Mindshare