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 ]
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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

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[ 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

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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

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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

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Today in late capitalism: Here is a coloring book that teaches children about credit.

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[ 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

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

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

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

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[ 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

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Power to the Peepal: Leeds-based indie enjoys reward of second major award win

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[ 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

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

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Authors Guild calls for DoJ to block Bertelsmann's S&S purchase

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