FT: WPP buys Hong Kong’s iPR for China expansion
"WPP, the marketing services group, has underlined its determination to expand in China by buying a controlling stake in Hong Kong-based financial communications company iPR Asia. WPP’s revenues in China grew 22 per cent in the first half of 2005 and were expected to reach US$325m to US$350m for the year. WPP’s global revenue rose 6 per cent in the first half."
No comments:
Post a Comment