End of an era: WPP AUNZ to exit ASX at end of business today
End of an era: WPP AUNZ to exit ASX at end of business today May 19, 2021 10:37 In May 2016 STW Group and WPP received the final tick of approval from shareholders to merge, thus eliminating the STW name from the Australian media and advertising landscape. At the time, the $512 million takeover by WPP was being billed as a “merger of the two businesses”. Almost 432 million shares in STW were assumed by WPP, creating a new business to be known as WPP AUNZ. Today, the legacy of STW and WPP AUNZ ends, with WPP AUNZ to be delisted from Australian Securities Exchange (ASX) “from the close o...
Source: mumbrella.com.au