Announced
Completed
Synopsis
Providence completed its acquisition of a 25% stake in Chime, a provider of sports marketing and related public relations, advertising, and event management consultancy services, from WPP, a provider of communications services worldwide, for £54.4m ($69m). The disposal is in line with WPP’s new strategy as set out in December 2018, a key element of which is to focus on its main areas of business and simplify its operations through the disposal of non-core assets.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.