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WPP increases pressure on Lord Bell buy-out plans as it ups Chime stake to 19 per cent

WPP increases pressure on Lord Bell buy-out plans as it ups Chime stake to 19 per cent

By Staff on March 30, 2012

WPP’s Sir Martin Sorrell isn’t a fan of Lord Bell (pictured) and Piers Pottinger’s plan to buy out the Bell Pottinger PR business from Chime Communications, the PR-based marcoms business Bell chairs. Sorrell has described the plan thus: “It isn’t logical and if you start to dismember the management of it, where does that end?” [...]

Posted in Agencies, Finance, News, PR | Tagged advertising, Bell Pottinger, chime communications, increased share stake, Lord Bell, Piers Pottinger, PR, Sir Martin Sorrell, sports marketing companies, us government accounts, vccp, WPP

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