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WPP
smitha
#1 Posted : Thursday, December 03, 2020 3:06:02 PM
Rank: New-farer


Joined: 6/10/2013
Posts: 48
Makes a bid for it's Australian subsidiary.

https://www.research-liv...-of-wpp-aunz/id/5077162

I think only a matter of time before it makes a bid for Scangroup which is a sitting duck at the current low share price. WPP already owns more than 50% of Scangroup and Thakrar owns 10%. Hope he doesn't agree a price less than 20/-.

Metch
#2 Posted : Friday, December 04, 2020 10:34:42 AM
Rank: Member


Joined: 12/22/2015
Posts: 212
Location: Mombasa, Kenya
smitha wrote:
Makes a bid for it's Australian subsidiary.

https://www.research-liv...-of-wpp-aunz/id/5077162

I think only a matter of time before it makes a bid for Scangroup which is a sitting duck at the current low share price. WPP already owns more than 50% of Scangroup and Thakrar owns 10%. Hope he doesn't agree a price less than 20/-.


Very speculative statement. Any indication they might want a bigger bite off SCAN?
Start!
cyruskulei
#3 Posted : Friday, December 04, 2020 12:03:44 PM
Rank: Member


Joined: 3/9/2010
Posts: 277
Location: kenya
smitha wrote:
Makes a bid for it's Australian subsidiary.

https://www.research-liv...-of-wpp-aunz/id/5077162

I think only a matter of time before it makes a bid for Scangroup which is a sitting duck at the current low share price. WPP already owns more than 50% of Scangroup and Thakrar owns 10%. Hope he doesn't agree a price less than 20/-.




They began by buying Kantar globally, now buying th remaining bit.

Its a question of time and what an opportunity during this covid period when most stock/ markets are back to reset mode.
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.

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