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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PRH Takes Minority Stake in Sourcebooks

Penguin Random House has acquired a 45% stake in Sourcebooks, the independent publisher founded by Dominique Raccah in 1987, which has shown rapid growth in the children's sector. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-22 04:00:00 UTC ]
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Talks underway for fourth Bridget Jones film

Talks are underway for a film adaptation of Helen Fielding's Bridget Jones: Mad About the Boy (Vintage).  Continue reading at The Bookseller

[ The Bookseller | 2019-05-20 21:56:32 UTC ]
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Unfiltered: This author uses humor, honesty to talk about race in the US

Cultural critic Damon Young discusses his memoir ‘What Doesn’t Kill You Makes You Blacker,’ and its goal of filling gaps in racial perceptions. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2019-05-16 00:00:00 UTC ]
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TCAF 2019 Hails Manga Stars; PW Talks with Oni's James Lucas Jones

The Toronto Comic Arts Festival, an international show of indie comics and graphic novels, was held May 11 and 12 at the Toronto Reference Library, and honored acclaimed manga artists Junji Ito and Hiromi Takashima; PW also interviewed Oni Press publisher James Lucas Jones about the recent... Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-15 04:00:00 UTC ]
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Apple Pay can be used for iTunes, App Store and Apple Book purchases

You can now use Apple Pay to make purchases from iTunes, the App Store and Apple Books. You can also use it for Apple Music and iCloud storage subscriptions. MacRumors spotted the change in a recently updated support document. The added Apple Pay opt... Continue reading at Engadget

[ Engadget | 2019-05-15 00:00:00 UTC ]
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Explore the World: PW Talks with BigFoot

D.L. Miller's illustrated BigFoot books bring some of the world's most amazing places home to young readers. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-10 04:00:00 UTC ]
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BookExpo 2019: Talking with Literati, PW’s Bookstore of the Year

It takes a village to raise a child—and to create a successful bookstore, if the experience of booksellers Hilary and Mike Gustafson is any indication. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-10 00:00:00 UTC ]
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BookExpo 2019: Talking with Cindy Heidemann, PW’s Rep of the Year

For Cindy Heidemann, a field sales representative for Publishers Group West and Two Rivers (part of Ingram Publisher Services), reps are “enablers.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-10 00:00:00 UTC ]
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Cole praises 'diverse' Capital Crime line-up as Rankin and Mukherjee join bill

Martina Cole has praised the line-up for London's new crime and thriller festival Capital Crime as organisers reveal further names for the inaugural event, including Cole, Ann Cleeves, Ian Rankin, Abir Mukherjee and Leye Adenle.  Continue reading at The Bookseller

[ The Bookseller | 2019-05-09 00:00:00 UTC ]
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NAIBA Booksellers Talk Education, Health Care, and the Bottom Line

New Atlantic Independent Booksellers Association members gathered in Baltimore on April 25 for discussions about bookseller education, health care, and finances for independent bookstores across the region. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-29 00:00:00 UTC ]
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NewFronts day 1: 'Game of Thrones' jokes abound, NYT talks privacy

Welcome to Day 1 of the Digital Content NewFronts. Ad Age’s Jeanine Poggi, Ilyse Liffreing and Garett Sloane will be live-blogging the week-long dog-and-pony show where digital publishers, from YouTube and Twitter to Condé Nast and Meredith, are presenting buzzy new content and ad products to... Continue reading at Advertising Age

[ Advertising Age | 2019-04-29 00:00:00 UTC ]
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Procter & Gamble's docu-style videos exclusive to Hulu

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[ Advertising Age | 2019-04-27 00:00:00 UTC ]
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Sharjah celebrates World Book Capital reign with opening ceremony

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[ The Bookseller | 2019-04-25 00:00:00 UTC ]
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Sharjah Becomes UNESCO’s World Book Capital With a ‘Scheherazade’ Stage Premiere

In its newly commissioned stage production, the emirate Sharjah has opened its year as UNESCO's World Book Capital with a new tale for the ancient canon of the Arabian Nights. The post Sharjah Becomes UNESCO’s World Book Capital With a ‘Scheherazade’ Stage Premiere appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2019-04-24 00:00:00 UTC ]
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My TED talk: how I took on the tech titans in their lair

For more than a year, the Observer writer has been probing a darkness at the heart of Silicon Valley. Last week, at a TED talk that became a global viral sensation, she told the tech billionaires they had broken democracy. What happened next?If Silicon Valley is the beast, then TED is its belly.... Continue reading at The Guardian

[ The Guardian | 2019-04-21 00:00:00 UTC ]
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Ruth Reichl, author of ‘Save Me The Plums,’ talks food, media and revolution

Ruth Reichl, former editor-in-chief of Gourmet magazine — previously a food editor and restaurant critic for the Los Angeles Times — released her newest memoir, “Save Me The Plums,” earlier this year, telling a “tale of the end of American magazine media as we knew it.” The book is also many... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-14 00:00:00 UTC ]
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Susan Orlean talks ‘The Library Book’ on first day of L.A. Times Festival of Books

Susan Orlean cracked open her book and bent toward the microphone. “Covers burst like popcorn,” she said, reading from her book about the mysterious 1986 fire at downtown L.A.’s Central Library. “Pages flared and blackened and then sprang away from their bindings, a ream of sooty scraps soaring... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-04-14 00:00:00 UTC ]
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Hobnobbing hall of famers and Stagwell's latest stake: Agency Brief

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[ Advertising Age | 2019-04-12 00:00:00 UTC ]
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Hamdy and Land inspire students for Capital Crime

Authors Adam Hamdy, Ali Land and James Swallow were among the speakers addressing school children and their teachers about how to get into publishing. Continue reading at The Bookseller

[ The Bookseller | 2019-04-08 00:00:00 UTC ]
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Beach libraries and cricket as Sharjah becomes UNESCO World Book Capital

Beach libraries and celebrating reading through cricket will form part of the year-long programme in Sharjah when it becomes the 19th UNESCO World Book Capital. Continue reading at The Bookseller

[ The Bookseller | 2019-04-08 00:00:00 UTC ]
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