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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Authors Guild Applauds Arrest, Indictment of Major E-Book Pirates

Two Russian nationals are now facing criminal charges in the U.S. for their role in running Z-Library, one of the world's most notorious e-book pirate sites before its domains were seized by U.S. officials earlier this fall. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-17 05:00:00 UTC ]
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Sharjah World Book Capital Supports a Fire-Damaged Italian Bookstore

The Bologna bookstore, Giannino Stoppani, was damaged by fire in May. Sharjah World Book Capital has contributed €50,000 to assist. The post Sharjah World Book Capital Supports a Fire-Damaged Italian Bookstore appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-11-08 12:43:42 UTC ]
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Boundaries from a Biblical Standpoint: PW Talks to Lysa TerKeurst

In her new book 'Good Boundaries and Goodbyes' (Thomas Nelson, Nov. 8), bestselling author Lysa TerKeurst reflects on her recent divorce and makes a case for how faith and love can help set healthy boundaries in relationships. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-26 04:00:00 UTC ]
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How Publishers Can Capitalize on the Rise of Intent Media

The intent media model has come to dominate the digital media world, and Future plc is one of its most well-known practitioners. Future's chief revenue officer, Zack Sullivan, joined Adweek media editor Lucinda Southern at Publishing Week to discuss the rise of intent media, how the pandemic... Continue reading at AdWeek

[ AdWeek | 2022-10-21 10:00:00 UTC ]
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Cursed Princess Club: Talking with Lambcat

Launched in 2019, Cursed Princess Club is an original vertical-scroll online comic created by the artist Lambcat that has quickly grown into one of the most popular series on the Webtoon platform. A graphic novel adaptation of the series will be released in print in January 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-10-05 04:00:00 UTC ]
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Opening Doors: PW Talks to Toni Shiloh

Toni Shiloh, author of ‘To Win a Prince’ and numerous other romance novels, discusses DEI efforts within the Christian fiction industry, how she chooses her characters, and what it takes to write a good love story. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-28 04:00:00 UTC ]
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At stake in the U.S.-China rivalry: The shape of the global political order

Three books explore the endurance of China's Communist Party, its standoff with the United States and its designs for the future. Continue reading at The Washington Post

[ The Washington Post | 2022-09-22 10:00:36 UTC ]
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CALIBA Meets in the Capital City

Bookstore visits and author addresses were among the primary events for booksellers attending the California Independent Booksellers Alliance's conference this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-13 04:00:00 UTC ]
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What is at Stake as the Forests Change Around Us?

Emergence Magazine is an online publication with annual print edition exploring the threads connecting ecology, culture, and spirituality. As we experience the desecration of our lands and waters, the extinguishing of species, and a loss of sacred connection to the Earth, we look to emerging... Continue reading at Literrary Hub

[ Literrary Hub | 2022-08-29 08:52:09 UTC ]
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Purchasing Mentorist Pro before August 24 will help a charity in need

Have you made a promise to yourself to learn something new this year? There are numerous ways to do so, ranging from college courses to e-learning programs. Many successful entrepreneurs look to books as sources of inspiration. However, if you’re busy managing your business, time is of the... Continue reading at PC World

[ PC World | 2022-08-24 08:00:00 UTC ]
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Why is it so hard to talk about marriage?

Elizabeth Crane's new memoir is an excavation of a 15-year union that proves just how hard it is to talk about marriage, even when it's your own. Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-08-18 13:00:19 UTC ]
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Let’s talk about science fiction and horror by new, promising writers

In our final column for The Post, we revisit books we have savored and many more we hope to read. Continue reading at The Washington Post

[ The Washington Post | 2022-08-04 12:00:00 UTC ]
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Harry and Meghan biographer Omid Scobie says his sequel ‘will have the world talking’

Finding Freedom author, recently revealed to have been informed by a briefing from a senior aide, promises follow-up boasting ‘deep access’Journalist Omid Scobie will publish a follow-up to his bestselling book Finding Freedom, an unofficial biography of Meghan Markle and Prince Harry.Scobie,... Continue reading at The Guardian

[ The Guardian | 2022-08-01 16:12:28 UTC ]
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White Capitalism is Destroying My Neighborhood

Gentrification takes center stage in Cleyvis Natera’s debut novel Neruda on the Park, which follows the different reactions the members of the Guerrero family have to the impending redevelopment of their predominantly Dominican New York City neighborhood.When a neighboring tenement is demolished... Continue reading at Electric Literature

[ Electric Literature | 2022-07-28 11:00:00 UTC ]
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Let’s talk about the beasts of sci-fi and horror. ‘Cujo,’ anyone?

From ‘The Island of Dr. Moreau’ to ‘Mrs. Frisby and the Rats of NIMH,’ animals are central to some of the most memorable novels Continue reading at The Washington Post

[ The Washington Post | 2022-07-23 12:00:47 UTC ]
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UNESCO Names Strasbourg Its World Book Capital 2024

France's Strasbourg is to begin its tenure as UNESCO's World Book Capital on April 23, 2024, as Accra concludes its year in the role. The post UNESCO Names Strasbourg Its World Book Capital 2024 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-07-20 20:26:21 UTC ]
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Audiobook Publisher RBmedia Makes Two Purchases

Audiobook publisher RBmedia has acquired the audiobook business of Upfront Books and the French company Éditions Thélème. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-07 04:00:00 UTC ]
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From Pediatric Cancer to Outer Space: PW Talks to Hayley Arceneaux

Arceneaux, an astronaut on SpaceX’s Inspiration4 last September, describes how having cancer as a child changed her faith and the rest of her life in ‘Wild Ride: A Memoir of IV Drips and Rocket Ships’ (Convergent, Sept. 6). Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-22 04:00:00 UTC ]
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Fame and the Evangelical Church: PW Talks to Katelyn Beaty

Beaty, whose career as a journalist began in 2012 before moving into religion publishing, remains a tenacious reporter as she analyzes why so many Christian leaders have become embroiled in scandal in her new book, 'Celebrities for Jesus' (Brazos, Aug 16). Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-22 04:00:00 UTC ]
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