19th Apr 2016 10:05
LONDON (Alliance News) - WPP PLC Tuesday said it has bought up the remaining stake in Greek market research agency Taylor Nelson Sofres ICAP Market Research SA it does not already own, taking its ownership to 100% from 51%.
TNS ICAP reported revenue of EUR5.8 million in 2015, with gross assets of EUR3.0 million as at the end of 2015. The company employs 36 people and is based in Athens.
No financial details of the acquisition were disclosed.
Shares in WPP were up 0.9% at 1,678.00 pence Tuesday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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