02:00 Mon 30 Nov 2020
WPP PLC - Proposal to acquire remaining shares in WPP AUNZ
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WPP PLC ("WPP")
WPP submits proposal to acquire remaining shares in WPP AUNZ
WPP has submitted a proposal to the Board of WPP AUNZ Limited ("WPP AUNZ") to pursue an acquisition of the remaining shares in WPP AUNZ. WPP currently holds a stake of approximately 61.5% of the share capital of WPP AUNZ, which is listed on the Australian Securities Exchange (ASX:WPP). The proposed acquisition is in line with WPP's global strategy of simplifying its structure and will move WPP to 100% ownership and control of its Australian and
The proposal made by WPP, of
Further information
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