WPP back on acquisition trail after being rudely interrupted

Acquisitive media conglomerate WPP is to launch a bid for global communications services group Press Index after buying a majority stake in the firm.

Acquisitive media conglomerate WPP is to launch a bid for global communications services group Press Index after buying a majority stake in the firm.

WPP has acquired 87% of the share capital of Press Index from its founders and other sellers, triggering a requirement to make an offer to buy out the remaining shareholders.

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