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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 734.60 GBX | -0.43% |
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+3.93% | -2.44% |
| 07:36am | Durex makes India condom push for women, rural consumers | RE |
| 10/09 | WPP buys New Commercial Arts for unspecified sum | AN |
LONDON, Aug 7 (Reuters) - British ad group WPP on Wednesday agreed to sell its controlling stake in FGS Global to minority shareholder KKR for $775 million, implying an enterprise value for the financial PR agency of $1.7 billion.
WPP, which also downgraded its 2024 guidance on Wednesday, said it would use the proceeds to reduce its debt.
(Reporting by Paul Sandle; Editing by Alistair Smout)
Price
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Change
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5d. change
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Capi.
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|---|---|---|---|---|---|
| 734.60 GBX | -0.43% | +3.93% | 1.03TCr | ||
| 118.29 USD | +0.19% | +0.53% | 10TCr | ||
