Takeover?

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SYDNEY, Today: London-based WPP plc, majority shareholder of WPP AUNZ, has sent an unsolicited proposal to acquire all of the ordinary shares in WPP AUNZ that it does not already own – at a price of A$0.55 per share in cash.

WPP plc currently own 61.5% of the issued capital in WPP AUNZ.”

WPP AUNZ agencies in NZ include Designworks, Hill + Knowlton, Ikon, MediaCom, Ogilvy, GroupM, VMLY&R, and Wunderman Thompson


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