09-07-2018 18:36 via theguardian.com

Martin Sorrell on verge of £266m MediaMonks takeover

Move will escalate hostilities with WPP, the advertising firm he founded but left in AprilSir Martin Sorrell is on the verge of a €300m (£266m) takeover that will escalate hostilities with WPP, the advertising group he founded before sensationally resigning after 30 years at the helm.The acquisition by Sorrell of Dutch agency MediaMonks, which could be announced as soon as Tuesday, comes after WPP told its former chief executive it would withhold up to £20m in future bonus payme
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