Jul 12, 2019 / 07:30AM GMT
Operator
Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's WPP Conference Call. (Operator Instructions) I must advise you that this conference is being recorded today, Friday, the 12th of July, 2019.
I would now like to hand the conference over to your speaker today, WPP CEO, Mark Read. Please go ahead, sir.
Mark Read - WPP plc - CEO & Executive Director
Thanks very much, and good morning, everybody. I'm here in Sea Containers House with Andrew Scott, our COO; and with Eric Salama, the Chief Executive of Kantar; and with Luca Bassi, Managing Director of Bain Capital, our new partner with Kantar.
In December -- on December 11 last year, we laid out our strategy -- our new strategy for WPP, really, a 3-year plan to return the business to growth, to simplify the company and to reduce our leverage and today is another important step on that journey.
It's been a very competitive process, and we've had significant interest in the company. I think we view this as a good deal for WPP and a good deal for Kantar
WPP PLC to Discuss Sale of 60 Percent of Kantar to Bain Capital Conference Call Transcript
Jul 12, 2019
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