Global advertising giant WPP is slowly increasing its stake in smaller rival Chime Communications, the public relations, advertising and communications group chaired by Lord Bell, said to be Margaret thatcher's favourite public relations man when she was in her iron-booted pomp.
WPP has increased its stake in Chime to 15.54m shares, representing around 19.14% of the issued share capital. Prior to Wednesday's announcement WPP's stake hovered below 18%.
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