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WPP plc
(NYSE: WPP)
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8:00 PM UTC, 05/05/25 | |||
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| Last: $39.14 | Change: -0.01 | %Change: -0.03% | Volume: 151,178 | |
Market Chatter: WPP in Talks to Sell Flight Entertainment Provider Spafax
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Last updated: 03/21/2025 12:36:02 PM
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Last updated: 03/21/2025 12:36:02 PM
12:36 PM EDT, 03/21/2025 (MT Newswires) -- WPP (WPP) is in talks to sell its in-flight entertainment provider Spafax, which is serving top global airlines, Sky News reported Friday, citing sources.
The company is in talks with bankers to manage the sale with plans to secure a price of 50 million British pounds ($64.6 million) to 75 million pounds, the report said.
WPP didn't immediately respond to a request for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 40.51, Change: -0.25, Percent Change: -0.61
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