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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Harrogate stands by author exclusion clause

Harrogate International Festivals has stood by its author exclusion clause, saying the exclusivity option only applies to 5% of its authors.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-23 01:32:38 UTC ]
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C-3PO actor Anthony Daniels talks ‘The Rise of Skywalker,’ his new memoir and four decades of Star Wars

The only actor to appear in every film of the Skywalker saga reflects on his experience in the book “I Am C-3PO: The Inside Story.” Continue reading at The Washington Post

[ The Washington Post | 2019-12-20 13:00:00 UTC ]
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Harrogate's author exclusion clause branded 'predatory' by rivals

Theakston Old Peculier Crime Writing Festival has expanded its author exclusion clause, banning special guest authors from appearing at other crime festivals, according to crime fiction event CrimeFest. Continue reading at The Bookseller

[ The Bookseller | 2019-12-20 06:06:55 UTC ]
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'Convene, Amplify, Solve': PW Talks to BISG Board Chair Andrew Savikas

In his new role as chair of the Book Industry Study Group, industry vet Andrew Savikas discusses the challenges and opportunities facing publishers in an age of rapidly evolving technology. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-18 05:00:00 UTC ]
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Pearson sells remaining stake in PRH, Fallon to depart

Pearson is selling its remaining 25% stake in Penguin Random House to Bertelsmann, as its c.e.o. John Fallon prepares to retire next year.  Continue reading at The Bookseller

[ The Bookseller | 2019-12-18 01:20:40 UTC ]
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Sharjah World Book Capital Program Backs Kenyan Library Restoration

Backing 'the journey of a historic cultural icon' in Nairobi, the Sharjah World Book Capital program announces support for the McMillan Library restoration. The post Sharjah World Book Capital Program Backs Kenyan Library Restoration appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-12-17 13:10:22 UTC ]
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This beautiful coloring book talks to kids about the border, family separation, and empathy

The unfinished illustrations in the book are themselves an act of optimism, encouraging children to imagine a world without lines others create for them. “Children teach us,” writes Ai-Jen Poo, cofounder of Families Belong Together, a coalition of close to 250 organizations working to end family... Continue reading at Fast Company

[ Fast Company | 2019-12-17 12:30:49 UTC ]
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Father Gregory Boyle talks hope, homelessness and the power of kinship

Gregory Boyle, founder of Homeboy Industries, shared "Barking to the Choir" with the L.A. Times Book Club. Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-12-17 03:46:56 UTC ]
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In the impeachment spin wars, only the English majors can save us

“Read the transcript!” both sides tweet. But why isn’t that simple instruction delivering us all to the same conclusion? Continue reading at The Washington Post

[ The Washington Post | 2019-12-12 15:28:43 UTC ]
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Seeking and Finding: PW Talks to Joel Fotinos

With over four decades of experience in the book business, publisher of St. Martin's Essentials Joel Fotinos reflects on changes and growth in mind-body-spirit publishing and where the category is headed in the future. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-10 05:00:00 UTC ]
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L.A. is an e-book borrower's paradise. A major publisher's crackdown could hurt

L.A. County is home to more than 30 library systems, with a growing number of patrons signing up for multiple cards to borrow digital books. But Macmillan Publishers is tightening the rules. Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-12-09 13:00:55 UTC ]
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S&S UK lands 'major' Prince Philip biography by Ingrid Seward

Simon & Schuster UK has acquired a "major" new biography of Prince Philip by Majesty magazine's editor-in-chief Ingrid Seward, to be published in 2020. Continue reading at The Bookseller

[ The Bookseller | 2019-12-09 05:08:38 UTC ]
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Exclusive: TEN Publishing Is Shuttering 19 Car Magazines

TEN Publishing will shutter 19 of its 22 automotive print magazines by the end of the year, leaving MotorTrend, Hot Rod and Four Wheeler as the only three titles that will continue to be published in a physical format in 2020. According to a memo sent to staffers at MotorTrend Group Friday... Continue reading at Folio Magazine

[ Folio Magazine | 2019-12-06 14:31:12 UTC ]
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Nine black Hermiones, and 'Harry Potter and the Cursed Child' still won't talk race

As the Harry Potter play officially opens in San Francisco on Sunday, the production continues to sidestep a deeper discussion about casting. Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-12-01 23:54:38 UTC ]
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Talking About the 10 Best Books of 2019

On a special episode of the podcast, taped live, editors from The New York Times Book Review discuss this year’s outstanding fiction and nonfiction. Continue reading at The New York Times

[ The New York Times | 2019-11-26 16:47:15 UTC ]
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US publishers still fighting for exclusion from book tariffs

US publishers are still fighting to see books produced in China excluded from tariffs, even as a new tariff affecting books is expected to come into force on 15th December. Continue reading at The Bookseller

[ The Bookseller | 2019-11-26 14:22:15 UTC ]
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Five questions for... Tomi Adeyemi, plus an exclusive extract

American YA author Tomi Adeyemi talks to us about the follow-up to her bestselling fantasy début, Children of Virtue and Vengeance, and shares an exclusive extract from the book.   Continue reading at The Bookseller

[ The Bookseller | 2019-11-22 14:36:14 UTC ]
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Virago aims for 'major reappraisal' of Ann Petry's work with 2020 reissues

Virago Modern Classics is publishing two novels by Ann Petry next year, The Street and The Narrows, in a bid to spark "a major reappraisal" of the author's work.  Continue reading at The Bookseller

[ The Bookseller | 2019-11-22 08:24:55 UTC ]
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Malcolm Gladwell Talks to Strangers

The bestselling author returns with his sixth book, Talking to Strangers, and a little advice about trust, relationships, and the lies people tell. The post Malcolm Gladwell Talks to Strangers appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2019-11-19 17:00:28 UTC ]
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