WPP in exclusive talks with Bain Capital for purchase of majority stake in Kantar

WPP confirmed on Monday it is in exclusive talks with Bain Capital to sell its majority stake in Kantar to the Boston-based private-equity firm, following "press speculation." The potential deal values the data, insights and consulting giant at $4 billion, according to WPP's statement that confirmed an earlier Bloomberg report. "Bain Capital's proposal is subject to negotiation," the statement read. "There is no certainty that these discussions will result in a transaction involving Kantar. Any further announcement will be made as appropriate." WPP declined to comment further. Kantar and Bain Capital did not immediately return requests for comment. R3 co-founder and principal Greg Paull told Ad Age that the deal would make sense. "This would be a logical move for [Bain Capital] to expand their insights base and connect into some of their other assets," Paull said. "The sector is buoyant right now with Nielsen also looking at strategic options." Media research firm Nielsen began a strategic review of its business last year, employing financial advisors J.P. Morgan Securities and Guggenheim Securities to assess, among other options, a sale of the company. CNBC reported in April that Advent International and Apollo Global Management were among the bidders for Nielsen. Apollo reportedly was also competing against Bain Capital in the final round of the auction for Kantar. CVC Capital Partners and Apax Partners were said to be early bidders for Kantar as well, but... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-07-01 20:08:21 UTC ]
News tagged with: #advent international #final round #holding companies #principal analyst #minority stake #market research #nielsen

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NFL hands Amazon exclusive games, and Teen Vogue editor undone by teen rogue tweets: Friday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters.  Touchdown for Amazon Good morning! Amazon executives are sure having a... Continue reading at Advertising Age

[ Advertising Age | 2021-03-19 10:00:00 UTC ]
More news stories like this | News stories tagged with: #cmo strategy #newsletters galore #subscribers make #corporate subscriptions #15% increase #@adage #aapi communities #—including access #cookbook


Tracking the 'Nones' Tide: PW Talks to Ryan P. Burge

Burge’s book, 'The Nones: Where They Came From, Who They Are, and Where They Are Going' (Fortress, out now), cites research listing atheists and agnostics each at 6% of the U.S. population, while 20% identify as “nothing in particular." Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-19 04:00:00 UTC ]
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NPR’s tale of two crises at the Capital Gazette

On June 28, 2018, a gunman stormed the newsroom of the Capital Gazette, in Annapolis, Maryland, and murdered five staffers: Rob Hiaasen, Wendi Winters, Rebecca Smith, Gerald Fischman, and John McNamara. Later the same day, Selene San Felice, a twenty-two-year-old reporter who survived the... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-03-16 12:10:09 UTC ]
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We need to talk about disability

Before I write about my experiences of being disabled and working in publishing, I need to add a caveat. I love this industry. I had so much fun whilst working in it. It’s full of incredibly kind and hard-working and empathetic and passionate people. Most of my managers over the years went above... Continue reading at The Bookseller

[ The Bookseller | 2021-03-15 16:32:42 UTC ]
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Looking back on a year of the pandemic, and WPP’s recovery of sorts: Friday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. If you're reading this online or in a forwarded email, here's the link to sign up for our Wake-Up Call newsletters.  One year later Good morning! We have now been living with the threat of... Continue reading at Advertising Age

[ Advertising Age | 2021-03-12 11:00:00 UTC ]
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Waterstones shuts Brentwood store after lease talks fail

Waterstones is closing its branch in Brentwood, Essex, saying it was unable to renegotiate the lease. Continue reading at The Bookseller

[ The Bookseller | 2021-03-09 11:37:35 UTC ]
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The Boy Who Talked to Dogs: a story of trauma brought to the stage with honesty and grace

This new play based on Martin McKenna’s memoir tells a difficult story with theatrical skill and artistic heart. Continue reading at The Conversation

[ The Conversation | 2021-03-01 05:56:16 UTC ]
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Let’s talk about ‘Starship Troopers’ and other science fiction and fantasy novels that wowed us on screen

Many of our favorite books are better as films. Other times, it’s better to stick with the book. Continue reading at The Washington Post

[ The Washington Post | 2021-02-23 17:17:00 UTC ]
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Today in late capitalism: Here is a coloring book that teaches children about credit.

Can you think of a single feel-good news story from the past five years that isn’t, at its core, an indictment of the society in which we live? Here at Lit Hub, one of our most-read stories last year was “Big-hearted strangers turn Little Free Libraries into Little Free Pantries.” While I don’t... Continue reading at Literrary Hub

[ Literrary Hub | 2021-02-23 16:10:35 UTC ]
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When Can I Go Back to School? Self-published lockdown story lands major publisher

‘Gentle, honest’ book, written by Anna Friend in response to her seven-year-old son’s worries, wins five-figure deal with ScholasticA self-published children’s picture book that was written to help the author’s son deal with being kept home from school during lockdown has been snapped up by a... Continue reading at The Guardian

[ The Guardian | 2021-02-20 07:00:25 UTC ]
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Shuggie Bain among Scotland Translation Fund recipients

This year's Booker Prize-winning novel, Shuggie Bain by Douglas Stuart, is to be translated into Turkish, Serbian, Portuguese and Arabic, following grants from the Publishing Scotland Translation Fund.  Continue reading at The Bookseller

[ The Bookseller | 2021-02-19 02:04:43 UTC ]
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Paul O'Grady signs 'major' children's book deal with HarperCollins

TV presenter and author Paul O'Grady has signed a “major” multi-book deal with HarperCollins for his debut children’s novel, Eddie Albert and the Amazing Animal Gang, the first in a planned series. Continue reading at The Bookseller

[ The Bookseller | 2021-02-17 19:53:37 UTC ]
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Tribune agrees to purchase by hedge fund for $630 million

Newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 billion Continue reading at ABC News

[ ABC News | 2021-02-17 00:40:46 UTC ]
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How colonialism and capitalism helped place a stigma on mental illness

What’s considered “normal” is contingent on culture, Roy Richard Grinker explains. Continue reading at The Washington Post

[ The Washington Post | 2021-02-12 13:00:00 UTC ]
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Back-Talking The Tone Police: Book People Are Not Your Enemy

Book People are not the enemy of books, and gatekeeping book and reading culture does no one any favors. Continue reading at Book Riot

[ Book Riot | 2021-02-05 11:37:00 UTC ]
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Power to the Peepal: Leeds-based indie enjoys reward of second major award win

Peepal Tree Press is behind the dark, magical realist novel that scooped the £30,000 Costa Book of the Year last week, with The Mermaid of Black Conch by Monique Roffey putting a new spotlight on a small publisher that has consistently supported international Caribbean writing for 35 years. Continue reading at The Bookseller

[ The Bookseller | 2021-02-04 21:20:53 UTC ]
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Exclusive: Reese Witherspoon’s wildly popular book club is now an app

Fans can find the actress’s book recommendations, special merch, and pop-up events on the new mobile platform. Actress and Hello Sunshine founder Reese Witherspoon is seeking to broaden the reach of her popular book club, built largely on Instagram, with a new mobile app that will allow in-app... Continue reading at Fast Company

[ Fast Company | 2021-02-03 10:00:34 UTC ]
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PubWest Conference Opens with Talk of 2021 Trends

The PubWest 2021 conference opened with a discussion on new digital marketing efforts while Gibbs Smith's Brad Farmer and Nicole Sullivan of Denver's BookBar shared observations about the current state of publishing and bookselling. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-03 05:00:00 UTC ]
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Authors Guild calls for DoJ to block Bertelsmann's S&S purchase

The Authors Guild and other writers' groups in the US have written a letter to the Department of Justice to block Bertelsmann's takeover of Simon & Schuster. Continue reading at The Bookseller

[ The Bookseller | 2021-02-01 03:48:32 UTC ]
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How one man’s talks with the dispossessed changed foreign policy

Bob Gersony’s career shows how America can meld security interests and human rights, writes Robert D. Kaplan. Continue reading at The Washington Post

[ The Washington Post | 2021-01-29 13:00:00 UTC ]
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