Kantar CEO in talks with banks over WPP break up
The chief executive of Kantar is reported to be in talks with banks and private equity firms about a potential split from parent company WPP following the exit of Sir Martin Sorrell earlier this month.
According to The Times, Eric Salama it looking to make a potential £3.5bn management buyout of the data and market research company.
Kantar currently employs around 30,000 staff in 100 countries and last year achieved operating profits of £350m on £2.7bn of sales.
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