WPP : Potential divestment of 20% of group's activities in China to a Chinese consortium?
>Disposal of a 20% stake in the group's activities in China? - According to the Sky News website, WPP is in talks to dispose of 20% of the capital of its Chinese activities to a consortium consisting of Chinese groups Tencent and Alibaba and the CMC investment fund (China Media Capital). These activities are reportedly valued at between £ 1.5bn-1.9bn and the disposal of WPP's stake would therefore bring in £ 300m-380m. This deal would allow WPP to continue deleveragin...WPP AUNZ is a marketing content and communications services group. Co.'s principal activities encompass the advertising and diversified communications operations. Co. provides advertising and communications services for clients through various channels including television, radio, print, outdoor and electronic forms. Co. has two reportable segments: Advertising, Production and Media, which provides advertising services, television and print production services and media investments for Australia, New Zealand and other countries; and Diversified Communications, which covers the marketing communications services, providing clients a total solution to their marketing needs.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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