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Stock Market & Financial Investment News

News Breaks
July 3, 2014
11:24 EDTPUBGY, WPPGY, TEFPublicis awarded global tender by Telefonica
Telefonica (TEF) announced it has awarded the global tender for a media agency to Publicis Group (PUBGY) for the next five years, after a process of analysis and evaluation over the last five months, in which the 16 countries that Telefonica Group will apply the contract to all took part. Telefonica noted that it called six global agencies, four of which took part in the tender, including Publicis, Dentsu, Havas, and WPP (WPPGY). Publicis Group, which already collaborates in the United Kingdom, Germany and countries in Latin America, obtained the maximum number of points, and from next year will thus be the Global Agency to channel Telefonica’s investment in the media. Up to January 1, when the contract with Publicis comes into force, Telefonica said it will keep on working with Arena of Grupo Havas and MindShare of Grupo WPP in Spain and Argentina, respectively.
News For PUBGY;TEF;WPPGY From The Last 14 Days
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March 24, 2015
13:50 EDTTEFTelefonica to sell O2 U.K. to Hutchison Whampoa for GBP10.25B
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13:02 EDTTEFTelefonica agrees to sell O2 unit to Hutchison for GBP10.25B, Bloomberg reports
05:58 EDTTEFHutchison Whampoa to finalize deal to buy O2, Financial Times reports
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March 23, 2015
09:01 EDTWPPGYOgilvy & Mather and Hogarth Worldwide announce global production agreement
Ogilvy & Mather announced that it has come together with Hogarth Worldwide, a sister WPP company, to launch H&O - a new company that aims to bring the resources and technology together.
06:10 EDTTEFBT Group plans to announce BT Mobile 4G network this week, Telegraph reports
BT Group (BT) is said to be planning to announce the launch of its own 4G network this week, The Telegraph reports. The service, BT Mobile, will initially be offered to the company's 7.6M broadband subscribers and will compete with offerings from O2 (TEF) and Vodafone (VOD). Reference Link
March 17, 2015
11:38 EDTWPPGYWPP CEO confirms interest in Tesco Dunnhumby unit, City A.M. says
WPP (WPPGY) CEO Martin Sorrell confirmed the company is interested in acquiring Tesco's (TSCDY) Dunnhumby data unit, estimated to be worth as much as $2B, reports City A.M., citing statements given at the Media & Telecoms conference in London. Sorrell noted he was specifically interested in the company's Clubcard loyalty program. Tesco is likely to pursue a majority stake selloff rather than full divestiture, notes the article. Reference Link
March 16, 2015
07:16 EDTWPPGYConsumer Analyst Group of Europe to hold a conference
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06:54 EDTWPPGYWPP in race to buy majority stake in Dunnhumby, Telegraph reports
According to sources, WPP PLC (WPPGY) has entered the race to buy a majority stake in Tesco (TSCDY)-owned consumer behavior tracker Dunnhumby, The Telegraph reports. Dunnhumby could be valued at up to GBP2B, the publication says. Reference Link

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