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
PW's Louisa Ermelino reports on the robust book culture scene in and around the Glastonbury festival. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#open book
#talking books
#glastonbury festival
Historian Dan Jones and Brazilian artist Marina Amaral are collaborating on a "major" new history of the world, The Colour of Time, to be published by Head of Zeus. Continue reading at The Bookseller
[ The Bookseller | 2017-07-20 00:00:00 UTC ]
More news stories like this |
Former Europe minister and author Denis MacShane outlines some of the effects that Brexit may have on the book trade. Continue reading at The Bookseller
[ The Bookseller | 2017-07-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#major impact
#book trade
IDW Publishing has announced the return of Abby, Erin, Patty and Holtzmann in comic book form. Continue reading at Los Angeles Times
[ Los Angeles Times | 2017-07-19 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#exclusive preview
#idw publishing
In 'What She Ate' (Viking, July), the culinary historian looks at six notable women, including Dorothy Wordsworth and Helen Gurley Brown, and their relationships with food. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-19 00:00:00 UTC ]
More news stories like this |
Iain Dale, m.d. of Biteback Publishing, has acquired world rights to a "major" new book by Labour MP Angela Eagle and former political advisor Imran Ahmed. Continue reading at The Bookseller
[ The Bookseller | 2017-07-18 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#biteback publishing
#iain dale
Pearson has agreed to sell 22% of its stake in Penguin Random House (PRH) to co-shareholder Bertelsmann, valuing the publisher at $3.55bn (£2.76bn). The deal means Bertelsmann will increase its control over the publisher, owning a 75% stake, while Pearson will own the remaining 25%. The deal is... Continue reading at The Bookseller
[ The Bookseller | 2017-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#markus dohle
Shares in the publishing firm rise after it says the sale will raise about $1bn (£776m). Continue reading at BBC News
[ BBC News | 2017-07-11 00:00:00 UTC ]
More news stories like this |
Bertelsmann has agreed to buy a 22% stake in Penguin Random House that will generate about $1 billion for Pearson, which will still have a 25% stake in the trade publishing giant. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-11 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#22% stake
#$1 billion
Jennifer Rothschild’s latest book on how to talk to and about yourself debuted at #4 on our Religion Nonfiction Bestsellers list. Plus, Karen Kingsbury came in at #1 Religion Fiction with the newest installment to the Baxter Family series. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#karen kingsbury
#newest installment
Despite her outspokenness for the inclusion of LBGTQ people in the church, the bestselling author of ‘For the Love’ explains why she avoids political and cultural hot-button topics, preferring to gather women around common issues and struggles in her books instead. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-07 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#jen hatmaker
#bestselling author
Food blogger Elettra Wiedemann discusses her new book, 'Impatient Foodie,' in which she aims to give home cooks shortcuts to the slow-food lifestyle. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-05 00:00:00 UTC ]
More news stories like this |
The purchase, which was announced in April, will boost Penguin Random House Grupo Editorial’s position in Spanish-language trade-book publishing markets throughout the world. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-07-05 00:00:00 UTC ]
More news stories like this |
W H Smith is selling seven exclusive short stories from writers including Jeffrey Archer, James Patterson and Jodi Picoult to celebrate its 225th anniversary. Continue reading at The Bookseller
[ The Bookseller | 2017-07-01 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#james patterson
#jodi picoult
#225th anniversary
New recognition for efforts that Sharjah's royal family and civic leadership have made, Sharjah follows Athens 2018 in the "World Book Capital" designation. The post UNESCO Names the UAE’s Sharjah World Book Capital 2019 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2017-06-26 00:00:00 UTC ]
More news stories like this |
Robinson Psychology has acquired Talk Yourself Better by the writer, stand-up comic and singer-songwriter of recent comedy single "Love Song for Jeremy Corbyn", Ariane Sherine. Continue reading at The Bookseller
[ The Bookseller | 2017-06-24 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#love song
#jeremy corbyn
A look at why Amazon decided to go through with its purchase of Whole Foods shows that stock keeping units might be the answer. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-06-23 00:00:00 UTC ]
More news stories like this |
News Corp., publisher of the Wall Street Journal and the Times of London, is holding "very advanced" discussions with Facebook about subscriptions to its content online, CEO Officer Robert Thomson said."I've been talking with Facebook's Mark Zuckerberg, exchanging thoughts, on how important it... Continue reading at Advertising Age
[ Advertising Age | 2017-06-22 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#advanced talks
#content online
#mark zuckerberg
#technology companies
Firms including Penguin Random House and HarperCollins have spoken out about timber company’s ‘dangerous’ moves to quash campaigners’ claims The world’s biggest book publishers have been dragged into a bitter dispute between a US logging company and environmental campaigners Greenpeace. It... Continue reading at The Guardian
[ The Guardian | 2017-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#logging practices
#legal action
#publishers fear
#boreal forest
Joe Yonan, the editor of 'America: The Great Cookbook,' discusses the challenges of representing the American food scene, in all of its complexity diversity, in a single volume. Continue reading at Publishers Weekly
[ Publishers Weekly | 2017-06-21 00:00:00 UTC ]
More news stories like this | News stories tagged with:
#great cookbook
#single volume