WPP Plans Sale of In-Flight Entertainment Company Spafax

Reported 4 days ago

WPP is reportedly in talks to sell Spafax, a provider of in-flight entertainment that serves major airlines, with expectations of generating between GBP50M and GBP75M from the sale. The advertising firm is working with bankers on this deal, which follows its acquisition of Spafax 25 years ago.

Source: YAHOO

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