7th Feb 2005 11:31
WPP Group PLC07 February 2005 For Immediate Release 7 February 2005 WPP GROUP PLC ("WPP") Hill & Knowlton acquires majority stake in ABC in Denmark WPP announces that its wholly-owned operating company Hill & Knowlton ("H&K"),the global public relations and public affairs network, has acquired amajority stake in ABC Public Relations A/S ("ABC") in Denmark. Founded in 1987 and employing 16 people, ABC specialises in healthcare,technology, finance and food. Clients include Jabra (GN Netcom), UnileverGlaxoSmithKline,Tiscali and MSD. ABC had revenues of US$2 million for the year ended 30 June 2004 and net assetsof US$410,000 at that date. This investment strengthens H&K's Nordic region and continues WPP'sstrategy of developing its networks in important markets and sectors. For further information please contact: Feona McEwan, WPP 44-20 7408 2204www.wpp.comwww.kantar.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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