Tag Archives: ADK

Bain Capital seals ADK victory

Bain Capital has won its bid for Japan’s third largest agency ADK, which it was always going to do once WPP, a 25 per cent shareholder, had changed tack and decided to accept the offer. WPP originally opposed the bid. ...

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WPP retreats in battle with Bain for ADK

WPP appears to have folded in the poker game for Japanese agency ADK according to a Reuters report from Tokyo. Reuters says it’s seen a draft statement from Bain Capital saying that WPP – which owns 25 per cent of ...

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What’s behind WPP’s offer to raise its ADK stake?

It’s not so often that you see WPP proffer an olive branch. Is its offer to raise its stake in Japanese agency ADK (left) from 25 per cent to 33 per cent such a move? ADK’s management wants to accept ...

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WPP dispute with Japan’s ADK heads to court

WPP’s dispute with Japanese agency ADK and putative new owner Bain Capital is heading to court, as it was always likely to. WPP owns 24 per cent of Japan’s third largest agency and, along with some other shareholders, thinks Bain’s ...

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WPP delves into opponent ADK’s animation business

WPP has responded with its customary energy to Japanese agency ADK’s rebuttal of its arguments against a $1.3bn sale to Bain Capital (we publish these things verbatim because they are quite entertaining – it’s quite rare to see such a ...

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Bain Capital to buy Japan’s number three agency ADK

Bain Capital is lining up a $1.3bn deal to buy quoted Asatsu-DK, Japan’s third biggest agency after the mighty Dentsu and Hakuhodo. WPP owns a stake in ADK. Bain Capital though is a private equity operation – it part owns ...

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