WPP's Kantar To Acquire 87% Of Press Index

WPP PLC

reported that its wholly-owned operating network Kantar, will acquire 87% of Press Index SA for 6.81 euros per share. Press Index's consolidated audited revenue came in at EUR17.5 million for the year ended Dec. 31, 2011. WPP shares gained 1.02% to close at $63.37 on Tuesday.