WPP PLC said that its wholly-owned operating company JWT, the global advertising network, has agreed to acquire a majority stake in Mindset Advertising Private Ltd. for an undisclosed sum.
Mindset Advertising is an advertising agency in India offering creative services, strategic planning and campaign execution in digital, print and television.
Mindset's unaudited revenues for the year ended March 31 were INR51 million, with gross assets of INR43 million at the same date.
Source: Fox News