Sorrell’s S4 Capital to raise £74m to fund second takeover

Aidan Gregory

December 04, 2018 04:00 pm

Sir_Martin_Sorrell_PA_230x150 — File photo dated 07/03/16 of Sir Martin Sorrell, former chief executive of WPP, who was among the 10 highest paid chief executives last year, according to research by the High Pay Centre and Chartered Institute of Personnel and Development. | Anthony Devlin/PA Wire/PA Images

S4 Capital, the digital advertising and marketing services company created by Martin Sorrell, the former CEO of WPP, has agreed the terms of its second acquisition and is partly financing the deal through a £74m placing and open offer on the London Stock Exchange.

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Aidan Gregory