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
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
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 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 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 |
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
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 |
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
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
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
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 |
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
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
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
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
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 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 |
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 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
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