Loading...
Market
What will be KKR's next acquisition in the communications sector by December 31, 2025?
2
Resolution / Starting Odds
Another PR firm • 25%
Advertising agency • 25%
Digital marketing firm • 25%
No further acquisitions • 25%
Official announcements from KKR and financial news outlets
Story
KKR to Acquire FGS Global from WPP for $775 Million, Valuing Firm at $1.6 Billion
Aug 7, 2024, 06:06 AM
KKR is reportedly nearing a deal to acquire a controlling stake in FGS Global, a corporate public relations firm, from WPP for $775 million. The transaction values FGS Global at approximately $1.6 billion. The acquisition will enable FGS Global to operate as a standalone communications and public affairs consultancy. This move is part of KKR's strategy to support the long-term growth of FGS Global. WPP, a British advertising group, agreed to sell its controlling stake to KKR, which is a minority shareholder in FGS Global.
View original story
Similar markets
Another telecommunications company • 25%
A technology company • 25%
A media company • 25%
Other • 25%
Yes • 50%
No • 50%
Claro • 25%
Movistar • 25%
Entel • 25%
Other • 25%
Amazon • 25%
Apple • 25%
Google • 25%
Other • 25%
Above €15 billion • 25%
Between €12 billion and €15 billion • 25%
Between €10 billion and €12 billion • 25%
Below €10 billion • 25%
