LONDON--Advertising company WPP PLC (WPP.LN) said Thursday unit Grey has agreed to acquire majority stake in Croatian creative agency Bruketa&Zinic for an undisclosed sum.

Bruketa&Zinic will merge with Grey Zagreb to create Bruketa&Zinic&Grey following completion of the deal, the company added.

Shares of WPP at 1439 GMT trading 0.1% higher at 1,702 pence.

Write to Tapan Panchal at tapan.panchal@wsj.com

(END) Dow Jones Newswires

March 16, 2017 10:58 ET (14:58 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
WPP (NYSE:WPP)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more WPP Charts.
WPP (NYSE:WPP)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more WPP Charts.