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

Other Publishing stories related to: ' WPP in exclusive talks with Bain Capital for purchase of majority stake in Kantar '


Harrogate to host UK-exclusive Dan Brown event

Dan Brown is appearing in Harrogate for the exclusive UK launch of his upcoming new novel, Origin (Transworld). Continue reading at The Bookseller

[ The Bookseller | 2017-08-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #dan brown


Why You Should Be a Catholic: PW Talks to Brandon Vogt

Catholic blogger Brandon Vogt is drawing on his extensive conversations with atheists to defend his faith in ‘Why I Am Catholic (and You Should Be Too).’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-21 00:00:00 UTC ]
More news stories like this |


Nottingham bids to become European Capital of Culture 2023

Nottingham is looking to bid for its place as European Capital of Culture 2023, it has revealed. Continue reading at The Bookseller

[ The Bookseller | 2017-08-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #european capital


Quarto halts sale talks with mystery bidder

Quarto has terminated discussions with a potential bidder to acquire the company.  Continue reading at The Bookseller

[ The Bookseller | 2017-08-17 00:00:00 UTC ]
More news stories like this |


Industry Notes: EC Chooses Spain’s Odilo; Quarto Breaks Off Talks

Talking of 'innovative and affordable solutions to assist schools and universities,' Odilo announces a deal with the European Commission.  The post Industry Notes: EC Chooses Spain’s Odilo; Quarto Breaks Off Talks appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-08-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #european commission


Beyond Napa: PW Talks with ‘Around the World in Eighty Wines’ Author Mike Veseth

An economics professor takes a global journey through the world of wine, with stops in Syria, Lebanon, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-16 00:00:00 UTC ]
More news stories like this |


Quarto Acquisition Talks Off

A week after it revealed that it had received an unsolicited takeover offer, the Quarto Group announced this morning that its discussions with the potential buyer have ended. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #potential buyer


Bokova and Al Qasimi Certify Sharjah as UNESCO World Book Capital 2019

Calling for 'a more open dialogue regionally and internationally,' Bodour Al Qasimi accepts UNESCO's designation of Sharjah as World Book Capital 2019. The post Bokova and Al Qasimi Certify Sharjah as UNESCO World Book Capital 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-08-11 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post bokova


Here Are the Shows Coming Exclusively to Facebook Watch, Its New Original Video Hub

Late Wednesday night, Facebook announced the roll-out of its TV-like programming slate for its new vertical called Watch, which will feature original shows from dozens of publishers and companies. NASA, Mashable, MLB and more will produce episodic content for viewers to like, comment and keep up... Continue reading at AdWeek

[ AdWeek | 2017-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #facebook watch #facebook announced


Quarto in talks to sell

lllustrated publisher Quarto has announced it is considering a sale, following a preliminary approach from a third party to acquire it at "a price that the board considers attractive and reflective of the inherent value of the business as a global publishing platform". Continue reading at The Bookseller

[ The Bookseller | 2017-08-09 00:00:00 UTC ]
More news stories like this |


Divine Encounters of Biblical Times: PW Talks to James Kugel

How can modern readers relate to the Bible’s descriptions of direct human interactions with God? Harvard professor and biblical scholar James Kugel provides some possibilities in ‘The Great Shift: Encountering God in Biblical Times.’ Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #biblical times #harvard professor


Ceconomy buys controlling stake in France's Fnac Darty

German consumer electronics company Ceconomy has paid €425m to acquire the controlling stake of 24.33% in the Fnac Darty, the largest French cultural product chain, from Artémis. Continue reading at The Bookseller

[ The Bookseller | 2017-07-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fnac darty #controlling stake


Frankfurt’s CEO Talk: Simon & Schuster’s Carolyn Riedy and Albin Michel’s Guillaume Dervieux

Speaking on the first day of Frankfurt Book Fair, the CEOs of Simon & Schuster and Albin Michel will discuss the evolving world audience. The post Frankfurt’s CEO Talk: Simon & Schuster’s Carolyn Riedy and Albin Michel’s Guillaume Dervieux appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post frankfurt #ceo talk #simon schuster #albin michel #guillaume dervieux


OpenBook’s China Bestseller Lists for June 2017: A Publishing Perspectives Exclusive

Based on sales at 3,115 physical stores and 11 online retailers, here are the June 2017 monthly bestseller lists from China using OpenBook and Trajectory data. The post OpenBook’s China Bestseller Lists for June 2017: A Publishing Perspectives Exclusive appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post openbook


Amazon Suffers Major Earnings Drop in Q2

Increased investment led to a 51% decline in operating income in the second quarter of 2017 compared to the second quarter of 2016, Amazon reported Thursday afternoon. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #operating income


Richer Sounds founder argues for 'ethical capitalism' with PRH

Richer Sounds founder Julian Richer is publishing two books with Penguin Random House. Continue reading at The Bookseller

[ The Bookseller | 2017-07-27 00:00:00 UTC ]
More news stories like this |


Carolyn Reidy to headline at Frankfurt CEO Talk

Simon & Schuster's president and c.e.o. Carolyn Reidy will be a “Guest of Honour” at this year’s Frankfurt Book Fair and will speak about “strategic developments in international publishing”. Continue reading at The Bookseller

[ The Bookseller | 2017-07-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #carolyn reidy #simon schuster #international publishing


Sainsbury's to sell exclusive Peppa Pig story

Sainsbury’s has partnered with BookTrust, Penguin Random House and Peppa Pig brand owner, Entertainment One, to commission and exclusively sell children's book Shop With Peppa. Continue reading at The Bookseller

[ The Bookseller | 2017-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book shop


Reidy, Dervieux to Headline Frankfurt CEO Talk

Simon & Schuster’s Carolyn Reidy and Albin Michel’s Guillaume Dervieux will be the speakers at the Frankfurt CEO Talk 2017 set for October 11 during the annual international fair. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #carolyn reidy #guillaume dervieux #simon schuster #albin michel