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WPP Buys Amsterdam Media Buying Agency Helder Marketing & Communicatie

16th Nov 2015 09:07

LONDON (Alliance News) - WPP PLC said Monday that its media investment management agency Maxus has agreed to buy Amsterdam-based media buying agency Helder Marketing & Communicatie BV.

Helder had revenue of EUR1.1 million in 2014, with gross assets of around USD1.1 million as at the end of 2014.

Financial details of the deal were not disclosed.

From the beginning of 2015 Maxus will legally merge with Helder to create Maxus + Helder, WPP said.

Shares in WPP were down 0.6% at 1,465.00 pence Monday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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