LONDON (Alliance News) - Advertising and marketing giant WPP PLC on Wednesday said it has acquired a majority stake in digital agency Essence.
Essence is a digital media buyer based in London and manages a media spend of more than USD700.0 million.
No financial details on the acquisition were disclosed.
WPP shares were up 0.2% at the open on Wednesday, trading at 1,493.00 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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