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Stock impact report

Head of Publicis stays tight-lipped over peer WPP [Reuters]

WPP plc American Depositary Shares (WPP) 
US:NYSE Investor Relations: wpp.com/wpp/investor/financialnews
Company Research Source: Reuters
Head of Publicis stays tight-lipped over peer WPP | Reuters Reuters Staff 1 Min Read PARIS (Reuters) - The head of French advertising group Publicis ( PUBP.PA ) refused on Thursday to get drawn into commenting on rival WPP ( WPP.L ), following the shock departure of WPP’s boss Martin Sorrell. Asked during an analyst call if Publicis might eye any WPP assets should they be sold off, Publicis Chief Executive Arthur Sadoun replied: “We are not speculating at all about what is happening at WPP.” Sadoun also reiterated that Publicis would keep a “disciplined” approach regarding its mergers and acquisitions strategy, which would focus on areas such as data and digital. Reporting by Sudip Kar-Gupta and Matthieu Protard; Editing by Susan Fenton All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved. Show less Read more
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