"Sir Martin Sorrell's advertising company S4 Capital has confirmed that they are in talks for a potential merger with MSQ Partners."
"Shares in S4 Capital jumped on Monday following the talks of a potential merger deal."
"On Monday S4 Capital confirmed they 'received a proposal' for a potential merger."
"S4 Capital said in a statement, 'These discussions are at a very preliminary stage and there can be no certainty that a transaction will be forthcoming.'"
S4 Capital is engaging in preliminary discussions regarding a potential merger with MSQ Partners, which is owned by the private equity group One Equity Partners. Following the announcement, shares in S4 Capital experienced a rise. The company confirmed that they have received a proposal for the merger, although they emphasized that the discussions are at a very early stage, and there is no guarantee that an actual transaction will occur.
Read at London Business News | Londonlovesbusiness.com
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