17th Oct 2014 05:44
LONDON (Alliance News) - A subsidiary of WPP PLC has taken legal action to prevent the UK government from moving a GBP400 million contract to a competitor and has obtained a court order to block public access to information on the case, the Financial Times reported on Thursday.
WPP's GroupM filed a claim in the High Court in London last month to challenge a decision by the government to award a contract, worth GBP100 million per year over four years, to Carat, an agency owned by rival Dentsu Aegis Network Ltd.
http://www.ft.com/cms/s/0/79c208ce-5525-11e4-89e8-00144feab7de.html#axzz3GHd0nphS
By Sam Unsted; [email protected]; @SamUAtAlliance
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