UK ad giant makes $1.5 billion US buyout offer
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LONDONâWPP Group PLC, the London-based advertising giant, said yesterday it was buying US-based Grey Global Group Inc. in a $1.52 billion (US) cash and stock deal.
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The buyout firm Apollo Management said it might offer nearly $2 billion in cash and stock for Countrywide, the largest chain of real estate brokers in Britain. Apollo said it planned to offer 505 pence ($9.86) in cash for each Countrywide share, plus shares in Rightmove, a company in which Countrywide holds a stake. The offer values Countrywide shares at about 590 pence ($11.52) each, or a total of about Â£1 billion ($1.95 billion). Countrywide shareholders have rejected a Â£1.02 billion takeover bid from the 3i Group, a private equity firm.
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WPP Group GroupM media-buying agencies  have reached a nearly $1 billion deal to buy advertising time  across NBC Universal&#39;s television and digital properties, an  agency spokesman said on Wednesday.
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_ Kidde PLC, the British fire and safety company, said Thursday it had agreed to a 1.4 billion pound ($2.8 billion) takeover by United Technologies Corp.
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British advertising company WPP  said on Sunday it won an auction for U.S. rival Grey Global, with what sources familiar with the matter said was a cash-and-stock deal worth about &#36;1.34 billion.
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Share sale to fund 'world's biggest fab' expansion plan
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WPP Group (WPPGY:Nasdaq ADR - news - research) sank 3% after the British ad agency agreed to buy New York&#39;s Grey Global (GREY:Nasdaq - news - research) for about $1.
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British advertising firm WPP has agreed to buy smaller US rival Grey Global for $1.31 billion, equally divided in cash and shares, to put it on par with industry leader Omnicom.
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Britain's WPP Group Plc has offered to pay more than &#36;1.25 billion for advertising firm Gray Global Group, the Wall Street Journal said on Thursday, citing an unidentified person familiar with the matter.
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Representatives of the Qatari Investment  Authority have indicated a willingness to pay as much as 15  pounds a share for Nasdaq&#39;s  31 percent stake in the  London Stock Exchange  the Sunday Times newspaper said.
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The US firm which owns online retailer Lastminute.com agrees a $4.5bn takeover bid by two private equity firms.
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The UKâs oldest independent stockbroker was today being linked to a deal involving the sale of a 50% stake to US bank JP Morgan Chase.
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The company behind the Madame Tussauds and London Eye tourist attractions is bought in a Â£1bn deal.
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MANCHESTER United has received a takeover approach that boosted the club&#39;s shares by over 5 per cent as industry sources said US sports tycoon Malcolm Glazer planned a bid of $1.
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UK-based advertising giant WPP is to buy US rival Grey Global in a deal worth $1.31bn . New York based Grey Global is the world&#39;s seventh largest advertising company and has a number of blue-chip clients, including Procter &amp; Gamble, 3M and Warner Bros.
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British advertising agency company WPP Group PLC has clinched a deal to buy Grey Global Group of New York in a cash-and-stock deal valued at $1.
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Charterhouse Capital Partners LLP, a London-based buyout firm, agreed to buy UK vacation and insurance company Saga Ltd. for 1.35 billion pounds ($2.