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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Bonnier snaps up Josh Widdicombe's '90s memoir in 'major deal'

Bonnier Books UK has bought comedian Josh Widdicombe’s first book, billed as part-childhood memoir, part-comic history of 1990s television and culture. Continue reading at The Bookseller

[ The Bookseller | 2021-05-07 23:03:11 UTC ]
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Jessica Bruder talks Nomadland

“Nomadland,” a film inspired by and featuring non-actor sources from journalist Jessica Bruder’s 2017 nonfiction book of the same name, just swept the Academy Awards. Both book and film explore the life of America’s “new nomads,” who live without traditional housing since losing their savings in... Continue reading at Columbia Journalism Review

[ Columbia Journalism Review | 2021-05-07 17:41:46 UTC ]
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Amazon Publishing sponsors Capital Crime's 2021 New Voices Award

Amazon Publishing will sponsor Capital Crime's 2021 New Voices Award sponsored by Amazon Publishing with a £1,000 cash prize and potential publication. Continue reading at The Bookseller

[ The Bookseller | 2021-05-05 13:40:42 UTC ]
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Fourth Estate serves up Slater's 'major' new book

Fourth Estate is releasing a “major” new title from Nigel Slater, A Cook's Book, this autumn. Continue reading at The Bookseller

[ The Bookseller | 2021-04-29 05:29:10 UTC ]
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Tbilisi Opens Its UNESCO World Book Capital Year: ‘An Historic Day’

Constrained by the pandemic, a small but spirited weekend opens the 2021 UNESCO World Book Capital program in Tbilisi. The post Tbilisi Opens Its UNESCO World Book Capital Year: ‘An Historic Day’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-26 16:29:25 UTC ]
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John Grisham talks basketball — and books

The best-selling author and Virginia Cavaliers fan discusses his new novel, “Sooley.” Continue reading at The Washington Post

[ The Washington Post | 2021-04-25 12:00:00 UTC ]
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Parker to Retire, Childs Promoted in 'Major' Restructuring of PRH Library Team

Penguin Random House senior v-p Skip Dye said the move to unify the publisher's library sales and library marketing groups will foster "even more mutually advantageous and enjoyable relationships with our libraries and librarians nationwide." Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-22 04:00:00 UTC ]
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Inelegant Connections: PW Talks with Will McPhail

Popular 'New Yorker' cartoonist Will McPhail branches out with his first long form graphic novel 'In', to be published by Houghton Mifflin Harcourt in May. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-21 04:00:00 UTC ]
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London, the New Capital of Middle Eastern and North African Arts, Culture, Music, and Literature, by Malu Halasa

Culture Street mural for Grenfell Tower, with poem by Ben Okri, North Kensington, London, image courtesy of IranWire and #PaintTheChange. London-based writer Malu Halasa canvasses the Middle Eastern and North African culture scene in London,... Continue reading at World Literature Today

[ World Literature Today | 2021-04-19 19:22:28 UTC ]
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Let’s talk about the best — and newest — science fiction and fantasy story collections

Writings by Brenda Peynado, Elizabeth Hand, Izumi Suzuki, Bruce Sterling and more. Continue reading at The Washington Post

[ The Washington Post | 2021-04-06 13:00:00 UTC ]
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Sarah Pinborough, author of ‘Behind Her Eyes,’ talks about that controversial twist

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[ The Washington Post | 2021-03-26 06:00:00 UTC ]
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Let’s talk about wonderful Indian science-fiction and fantasy novels

Here’s hoping more books like “The Calcutta Chromosome” and “Machinehood” will reach a wider audience. Continue reading at The Washington Post

[ The Washington Post | 2021-03-22 15:33:17 UTC ]
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NFL hands Amazon exclusive games, and Teen Vogue editor undone by teen rogue tweets: Friday Wake-Up Call

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[ 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

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[ Columbia Journalism Review | 2021-03-16 12:10:09 UTC ]
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Looking back on a year of the pandemic, and WPP’s recovery of sorts: Friday Wake-Up Call

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[ Advertising Age | 2021-03-12 11:00:00 UTC ]
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