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

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Equity
Follow-ons and Rights issues

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
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