WPP Plc to sell its 50% stake in FGS Global to KKR for £611mn

LONDON; WPP plc (LSE/NYSE: WPP) has entered into an agreement to sell its entire majority stake in leading strategic communications and advisory firm, FGS Global, to Kite Bidco Inc., an entity controlled by investment funds managed or advised by Kohlberg Kravis Roberts & Co. L.P. (“KKR”). KKR first made a minority investment in the firm…

FGS Global acquires Canadian communications & public affairs advisory, Longview

LONDON: FGS Global has acquired the leading Canadian communications and public affairs advisory firm Longview Communications and Public Affairs. The acquisition further strengthens FGS Global’s well-established capability and expertise in strategic advisory and communications, helping clients to navigate reputational challenges in an increasingly complex stakeholder, financial, regulatory and political environment. Longview will operate as FGS…