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A logo hangs on the wall outside the WPP offices in London, Britain April 30, 2018. REUTERS/Simon Dawson/File Photo
(Reuters) – WPP said on Wednesday the sale of a majority stake in data analytics unit Kantar is progressing in line with expectations, and that its full-year outlook was unchanged.
The world’s biggest advertising company had shortlisted a series of U.S. buyout funds to submit binding bids for a majority stake in Kantar as it looked to finalise the sale in late June, Reuters reported in May.
Reporting by Sangameswaran S in Bengaluru; Editing by Jan Harvey
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