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PRESS: S4 Capital receives merger approaches - Sky News

ALN

Advertising agency S4 Capital PLC has received a number of merger approaches, Sky News reported on Saturday.

Executive Chair Martin Sorrell has been contacted by various parties, including private equity firm One Equity Partners. OEP describes itself as a firm that looks to ‘transform businesses into market leaders through strategic combinations’.

Sky News reported that analysts suggested OEP could combine S4 Capital with MSQ Partners, a media company in the private equity firm’s portfolio.

Sky News reported S4 has attracted interest elsewhere, but the identities of those potential suitors could not be immediately established.

Shares in S4 Capital fell 5.6% to 21.23 pence each in London on Friday. Shares are down 59% over the past 12 months.

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