17/12/2013 08:09:00

WPP Takes 30% Stake in Richard Attias & Associates

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LONDON--Advertising firm WPP PLC (WPP.LN), said Tuesday that it is taking a 30% stake in Richard Attias & Associates (RAA), a strategic communications firm that provides private consultancy and idea initiatives.

WPP PLC shares closed Monday at GBP13.19, valuing the company at GBP17.74 billion.

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

December 17, 2013 03:09 ET (08:09 GMT)

Copyright (c) 2013 Dow Jones & Company, Inc.

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