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Vista Equity Partners lines up binding bid for Kantar: Reuters

May 23, 2019 - peHUB

LONDON, May 22 (Reuters) – Private equity fund Vista Equity Partners has emerged as one of four U.S. bidders vying for a majority stake in WPP’s data analytics firm Kantar, two sources close to the deal told Reuters.

The world’s biggest advertising company and its adviser Goldman Sachs are hoping to wrap up the process in late June and have given Vista access to Kantar’s books to carry out due diligence checks, the sources said.

Vista, whose private-equity portfolio comprises...